Quantcast
Channel: SCN : All Content - All Communities
Viewing all articles
Browse latest Browse all 3276

PCR for gift perk

$
0
0

Hi,

 

There is a requirement from my client to tax gift perk after Rs.5000/-. Also, this gift perk will be paid to the employee several times a year. So the employee may receive gift perk of 10000 over the period of one year, but should get exemption of Rs.5000/- only. Also, this gift perk is paid outside the system, so should not be shown in payslip but should be considered for taxation and appear in form 12 BA

 

I have created two wage types -

9GIF - gift perk (original) and 9GFT - gift perk taxable. 9GIF will be paid in IT0015 and 9GFT will be the amount which will be paid to employee after deducting tax.

 

I have written below PCR - ZGIF, but it does not consider the perk amount paid several times a year.

 

ZGIF Calculation of gift perk

    *

      9GIF Gift perk (orig.)

           ELIMI *    Elim.time period ID

           AMT-KZGIFT Subtraction

           ADDWTE*    RT   Results table

           ADDWT 9GFT OT   Output table

           FILLF A    Fill amt/no/rate

           RESET *    Set time period ID

           ADDWT *    OT   Output table

    3

      9GIF Gift perk (orig.)

            ELIMI *    Elim.time period ID

            AMT-KZGIFT Subtraction

            ADDWT 9GFT OT   Output table

            FILLF A    Fill amt/no/rate

            RESET *    Set time period ID

            ADDWT *    OT   Output table

 

please help me correct the PCR and get the output as per requirement.

Thanks,

Poonam


Viewing all articles
Browse latest Browse all 3276

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>