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fix: remove employee other income from CTC (backport #2725) #2759

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merged 2 commits into from
Feb 4, 2025

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@mergify mergify bot commented Feb 4, 2025

Issue:
Employee Other Income is included in CTC, then again include the employee other income in total earnings.

Current Calculation:

      monthly salary - 1,00,000
      annual salary - 12,00,000
      other income - 1,00,000

      CTC: annual salary +  other income = 13,00,000
      total earning: CTC + other Income = 14,00,000

Updated Calculation:

      monthly salary - 1,00,000
      annual salary - 12,00,000
      other income - 1,00,000

      CTC: annual salary = 12,00,000
      total earning: CTC + other Income = 13,00,000

Salary Structure Assignment:

Salary Structure Assignment

Other Income:

Employee Other Income

Before:

Income Tax breakup before

After:

Income Tax breakup after

Backport needed for v14 & v15


This is an automatic backport of pull request #2725 done by Mergify.

@mergify mergify bot requested a review from ruchamahabal as a code owner February 4, 2025 13:06
@AyshaHakeem AyshaHakeem merged commit e5755a1 into version-14-hotfix Feb 4, 2025
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🎉 This PR is included in version 14.36.6 🎉

The release is available on GitHub release

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3 participants