From 4d100ac08b6c605d201e82d8f8117425e38416b5 Mon Sep 17 00:00:00 2001 From: nagarajannxweb Date: Fri, 4 Nov 2016 12:17:21 +0530 Subject: [PATCH 1/2] Update salary-and-payroll.md --- .../user/manual/en/human-resources/salary-and-payroll.md | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/erpnext/docs/user/manual/en/human-resources/salary-and-payroll.md b/erpnext/docs/user/manual/en/human-resources/salary-and-payroll.md index 286df1400b..1a1d9cff6a 100644 --- a/erpnext/docs/user/manual/en/human-resources/salary-and-payroll.md +++ b/erpnext/docs/user/manual/en/human-resources/salary-and-payroll.md @@ -16,9 +16,9 @@ and Deductions. Salary structures are used to help organizations: 1. Maintain pay levels that are competitive with the external labor market, 2. Maintain internal pay relationships among jobs, - 3. Recognize and reward differences in level of responsibility, skill, and performance, and manage pay expenditures. + 3. Recognize and reward differences in level the of responsibility, skill, and performance, and manage pay expenditures. -The usual components of the salary structure (in india) include: +The usual components of the salary structure (in India) include: __Basic Salary:__ It is the taxable base income and generally not more than 40% of CTC. @@ -32,7 +32,7 @@ __Gratuity:__ It is basically a lump sum amount paid by the employer when the em __PF:__ Fund collected during emergency or old age. 12% of the basic salary is automatically deducted and goes to the employee provident fund. -__Medical Allowance:__ The employer pays the employee for the medical expenditures incurred. It is tax free up to Rs.15,000. +__Medical Allowance:__ The employer pays the employee for the medical expenditures incurred. It is tax-free up to Rs.15,000. __Bonus:__ Taxable part of the CTC, usually a once a year lump sum amount, given to the employee based on the individual’s as well as the organizational performance for the year. From a420c20bf9237b5c56cc5349e75915287471879b Mon Sep 17 00:00:00 2001 From: nagarajannxweb Date: Fri, 4 Nov 2016 12:30:14 +0530 Subject: [PATCH 2/2] Update salary-and-payroll.md --- .../docs/user/manual/en/human-resources/salary-and-payroll.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/erpnext/docs/user/manual/en/human-resources/salary-and-payroll.md b/erpnext/docs/user/manual/en/human-resources/salary-and-payroll.md index 1a1d9cff6a..48ff96b405 100644 --- a/erpnext/docs/user/manual/en/human-resources/salary-and-payroll.md +++ b/erpnext/docs/user/manual/en/human-resources/salary-and-payroll.md @@ -16,7 +16,7 @@ and Deductions. Salary structures are used to help organizations: 1. Maintain pay levels that are competitive with the external labor market, 2. Maintain internal pay relationships among jobs, - 3. Recognize and reward differences in level the of responsibility, skill, and performance, and manage pay expenditures. + 3. Recognize and reward differences in the level of responsibility, skill, and performance, and manage pay expenditures. The usual components of the salary structure (in India) include: