PT Configuration
Pre-requisites to do the PT configuration is are as follows
1. Create the Location Master since PT gets calculated based on the STATE selected.
2. Create PT Component with below conditions. (By default PT component would be pre-configured)
|
Fields Name |
Component Configuration |
|
Name |
Profession Tax |
|
Abbreviation |
PT |
|
Paid Component |
Yes |
|
Pay Type |
Statutory |
|
Calculation Type |
Slabwise |
|
Map To |
None |
|
Round off Value |
Nearest to INR 1/- |
|
Component Type |
Fixed |
|
Is FBP component |
No |
|
Attendance Dependent |
No |
|
Part of CTC |
No |
|
Active |
Yes |
|
FFS component |
No |
3. Map Location of employees under Employee Master >> Official Details tab and in Salary Details tab, ensure PT Component is selected