Remuneration will include:salary, fee, bonus, wage, gratuity, pension, leave encashment, emolument, voluntary award, commission, annuity, stipend, overtime, superannuation allowance, retirement allowance, lump sum benefit payment, director's remuneration, etc. How do you calculate remuneration to partne...
To ensure that payroll calculations for new joinees is accurate and does not disrupt the process for all other employees, identify a cut-off date post which you will not include the new joinee in the current months’ payroll. Let’s consider a payroll calculation example. if your pay period...
be later secured by the individual if the deal does not go through. The amount will be taxed under Income from Other Sources in that year. This amount is to be subtracted from the cost of acquisition of the property in the year of sale of the capital asset while determining capital gains...