Wednesday, April 21, 2021
High Return Business
No Result
View All Result
  • Login
  • Advertising
  • Business
  • Conference
  • Entrepreneurs
  • Industry
  • Manufacture
  • Marketing
  • Advertising
  • Business
  • Conference
  • Entrepreneurs
  • Industry
  • Manufacture
  • Marketing
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Payroll Slip Hong Kong: Elements Of The Payroll Slip

Benen Geir by Benen Geir
December 30, 2020
in Business
0
Payroll Slip Hong Kong: Elements Of The Payroll Slip
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

A payroll slip, as you may be aware of, is a professional and informal document in the form of a slip that contains the salary details about an employee. According to law, the employer is responsible for issuing the salary slips either periodically or within a certain time interval. Usually, this time interval has a month’s duration. The payroll slip must contain the logo of the company, organisation or the issuing authority along with its name and address.

Elements of the payroll slip hong kong

Essentially, income or earnings, and deductions are the two major components that form the payroll slip hong kong. Let us have a detailed look at both of these components.

Income/salary

It is divided into the following sections: –

  • Basic salary: This is the most important component of the payroll slip
  • Performance-related special allowances
  • HRA: Human Resource Allowances
  • Additional/other allowances
  • Dearness allowance (DA)

Deductions

This section of the payroll slip contains the amount that is deducted from the base salary. It essentially has three parts: –

  • EPF: Employee Provident Fund. It is 12% of your basic salary
  • TDS: Tax deductible at source. A certain amount will be deducted by your employer from your every salary as an essential deduction on behalf of the Income Tax Department.
  • Professional tax.

Related Posts

How to effectively plan your swimming pool design
Business

How to effectively plan your swimming pool design

March 9, 2021
The Types Of Infrastructure Funding
Business

The Types Of Infrastructure Funding

February 15, 2021
The cheapest storage space Singapore: is nowhere to bring the best out of you
Business

The cheapest storage space Singapore: is nowhere to bring the best out of you

February 16, 2021
Getting The Power Systems Serviced From Agencies
Business

Getting The Power Systems Serviced From Agencies

February 15, 2021
Applying Fertiliser to Your Lawn Using a Spreader
Business

Applying Fertiliser to Your Lawn Using a Spreader

February 25, 2021
The Print That Reflects Your Reputation- Printing Services Singapore
Business

The Print That Reflects Your Reputation- Printing Services Singapore

February 15, 2021
Next Post
The Benefits of ISO Certifications

The Benefits of ISO Certifications

POPULAR NEWS

Fire Safety During the Coronavirus Crisis

Fire Safety During the Coronavirus Crisis

October 3, 2020
Trade Show Displays Need a Professional Modern Edge

Trade Show Displays Need a Professional Modern Edge

October 14, 2020
Free Small Business Manufacturing Ideas – Earning Cash Scrap Metal

Free Small Business Manufacturing Ideas – Earning Cash Scrap Metal

August 7, 2020
Turning plans into Real Results by Effective Strategy Execution

Turning plans into Real Results by Effective Strategy Execution

August 31, 2020
The Result of Recession within the Business Industry

The Result of Recession within the Business Industry

August 7, 2020

EDITOR'S PICK

The Types Of Infrastructure Funding

The Types Of Infrastructure Funding

February 15, 2021
How you can Think Differently in Business

How you can Think Differently in Business

August 7, 2020
What’s A Web-based Business Manager, and it is It Time to Hire One?

What’s A Web-based Business Manager, and it is It Time to Hire One?

August 8, 2020
Improving Your Workforce Through Training

Improving Your Workforce Through Training

September 30, 2020

Recent Posts

  • How to effectively plan your swimming pool design March 6, 2021
  • The Types Of Infrastructure Funding February 9, 2021
  • The cheapest storage space Singapore: is nowhere to bring the best out of you February 6, 2021
  • Getting The Power Systems Serviced From Agencies February 5, 2021
  • Applying Fertiliser to Your Lawn Using a Spreader February 4, 2021
  • The Print That Reflects Your Reputation- Printing Services Singapore February 3, 2021
  • Nuts & Bolts- An Inevitable Part Of Any Industrial Project February 2, 2021

Archives

  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • June 2019
  • Need Help?

© 2020 High Return Business - All Rights Reserved.

No Result
View All Result
  • Homepages
    • Home Page 1
  • Business

© 2020 High Return Business - All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In