Scribd Logo
Upload

Welcome to Scribd!

  • Ex 4 Payroll

    Uploaded by

    adeel2k4
    0 views1 page

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    0 views1 page

    Ex 4 Payroll

    Uploaded by

    adeel2k4

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    Payroll System

    Sr No. Employee Name Basic Salary Conv Allow House Rent Gross Salary Income Tax Net Salary
    1 Aijaz Hussain 20000 3400 4000 27400 1370 26030
    2 Asif Munir 14500 2465 2900 19865 993.25 18871.75
    3 Mubashir Rehman 28000 4760 5600 38360 1918 36442
    4 Younus Butt 32000 5440 6400 43840 2192 41648
    5 Kashif Rasool 12000 2040 2400 16440 822 15618

    Calculations:
    Conv Allow Rate 17% (% of Basic Salary)
    House Rent Rate 20% (% of Basic Salary)
    Income Tax Rate 5% (% of Gross Salary)

    You might also like