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The document contains a payroll record for 10 employees of K & K Company listing their name, designation, department, basic pay, allowances, deductions, net pay, and tax rates. Employees' designations include managers, accountants, clerks, and assistants in the sales, purchase, and accounts departments. Their basic pay ranges from Rs. 7,000 to Rs. 10,000 with allowances like DA, HRA, PF, and GP. Deductions include PF, GP, LIC and tax is deducted at varying rates from 22% to 30% depending on the net pay amount.
The document contains a payroll record for 10 employees of K & K Company listing their name, designation, department, basic pay, allowances, deductions, net pay, and tax rates. Employees' designations include managers, accountants, clerks, and assistants in the sales, purchase, and accounts departments. Their basic pay ranges from Rs. 7,000 to Rs. 10,000 with allowances like DA, HRA, PF, and GP. Deductions include PF, GP, LIC and tax is deducted at varying rates from 22% to 30% depending on the net pay amount.
The document contains a payroll record for 10 employees of K & K Company listing their name, designation, department, basic pay, allowances, deductions, net pay, and tax rates. Employees' designations include managers, accountants, clerks, and assistants in the sales, purchase, and accounts departments. Their basic pay ranges from Rs. 7,000 to Rs. 10,000 with allowances like DA, HRA, PF, and GP. Deductions include PF, GP, LIC and tax is deducted at varying rates from 22% to 30% depending on the net pay amount.