This document calculates an employee's net salary based on their basic salary. It defines formulas to calculate the Housing Rent Allowance (HRA) at 10% of basic salary, Dearness Allowance (DA) also at 10% of basic salary, and Provident Fund (PF) contribution at 25% of basic salary. It then displays the net salary by adding basic salary, HRA and DA and subtracting PF.
This document calculates an employee's net salary based on their basic salary. It defines formulas to calculate the Housing Rent Allowance (HRA) at 10% of basic salary, Dearness Allowance (DA) also at 10% of basic salary, and Provident Fund (PF) contribution at 25% of basic salary. It then displays the net salary by adding basic salary, HRA and DA and subtracting PF.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as TXT, PDF, TXT or read online from Scribd
This document calculates an employee's net salary based on their basic salary. It defines formulas to calculate the Housing Rent Allowance (HRA) at 10% of basic salary, Dearness Allowance (DA) also at 10% of basic salary, and Provident Fund (PF) contribution at 25% of basic salary. It then displays the net salary by adding basic salary, HRA and DA and subtracting PF.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as TXT, PDF, TXT or read online from Scribd