• Post category:StudyBullet-8
  • Reading time:6 mins read


Indian Payroll Management

What you will learn

Payroll Cycle

PF, Gratuity

LWF, ESI, EPFO

Gross Salary, Net Salary , CTC calculation

Salary components – DA, HRA, CCA, LTA

Code on Wages 2019

OSHWC 2019

NPS

Income Tax Calculation- New and Old Tax Regime

Exceptions under Income tax- Sec 10, Sec 16,Sec 17, 80C etc

Description

Human resource is the real strength of any company. Success of the company depends on the contribution of its employees. Management of a company’s human resource is an extremely important work. This course “A complete guide to Indian Payroll Management” is a one stop shop for everything you need to know about the Indian Payroll system. This course is for someone who is working in HR or wants to start a career in HR as Payroll managers. Also this course is for people who want to understand their pay slips in a better way.

This course will give you an overall picture of payroll and its management. Salary and its components are explained in detail. We have elaborated on Leave management, payment of bonus, overtime, ESI, EPF, Gratuity, Income tax, TDS, NPS, Code on wages and the occupational safety, health and working conditions code- 2019.

Also we have explained the course with real world pay slips so that once you step-in into any company, you won’t face any issues.


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We assure you that this course will not only clear all your doubts about payroll but also clear your basics so that you can seamlessly begin your HR journey.

You can comment down below for your queries. We would love to answer it. Also your suggestions are welcomed.

English
language

Content

Introduction

Introduction
What is HRM and Payroll ?
Understanding Payroll Cycle

How actual Pay slip looks like ?

Components of Payroll Management

Salary Components

Basic Pay and DA
HRA and How to find net taxable HRA ?
CCA , Conveyance , Medical Allowances etc
LTA and Leave Management

Salary Concepts

What is Gross or Earned Salary, In – hand or Net Salary
CTC – Cost To Company , Example 1
CTC with Real world Pay slip – Example 2

Leave and Attendance Management

Casual Leave ( CL ) , PL or Earned Leave
Sick Leave , Maternity and Paternity Leave , Sabbatical Leave
Attendance Management
QUIZ 1

Bonus , Overtime , Arrear

Bonus and its Calculations
Overtime and Arrear

Statutory and Non- Statutory Components

LWF – Labour Welfare Fund
ESI – Employee State Insurance
EPFO – Employee Provident Fund Organization
Professional Tax

Gratuity and NPS

Gratuity
NPS

Income Tax

What is Income Tax , Old and New Tax Regime
Exceptions under different section – Sec 87A, Sec 16, Sec 17, Sec 10 etc

TDS

What is TDS, Form 16, Form 26AS, Form 26Q
Calculating TDS from Real Pay Slip – Example 2 and Example 3
Calculating TDS using Old Tax Regime – Example 4

Code On Wages – 2019 and OSHWC 2019

Code on Wages – 2019 and OSHWC 2019
QUIZ 2