Dears
we have made a payroll period as below
and an income tax slab
also we have created a salary structure with a sample two components basic and income tax
but only January salary slip has been correctly calculated which is
basic = 3000 * 12 months = 36000 annual
Net tax applicable = 36000 - Tax Exemption 9000 = 27000
first tier with 0% tax = 15000
next tier = 27000 - 15000 = 12000
taxses = 12000 * %2.5 = 300 Annual / 12 month = 25 which is right
but other entire salary slips for months 2,3,4 and 5 not probably calculated !!
any idea ??