on 11-22-2007 12:30 PM
Hi, Experts,
i am currently in Indian payroll. my client wants to pay the consultants through SAP. here the problem is they have two wage type components namely
1)HRA
2)Consultancy charges.
but crux of this issue is "<b>consultancy charges monthly paid are taxable at 10.3% according to TDS rule under section 194J</b>". I am confused here. i know that i need to create two wagetypes but how can i let the system deduct the tax from what is paid.
please help me.
regards,
gayatri
no u cannot do this ...a few of the option dealing with individual taxes are Medical...HRA...where there are in in built functions...
the only way to do this is to define a constant in and then call this wage type and deduct the amount by 10.3 % ...this should not be very complicated...
reward points...
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