Client Control
MAGICA INFOTECH LLP • Payroll Settings Overview
Client Control
Payroll Settings Overview
Payroll Period
Feb 2026
01-Feb-2026 → 28-Feb-2026
PF (EE / ER)
12% / 12%
Cap: ₹15,000
ESI (EE / ER)
0.75% / 3.25%
Limit: ₹21,000
CTC Distribution
100%
Special: 13%
Payroll Period
Used for attendance & salary sheet generation
Year
2026
Month
2
Month Start
2026-02-01
Month End
2026-02-28
Days in Month
28
Statutory Settings
PF / ESI / PT values used in payroll calculations
PF Employee %
12.00%
PF Employer %
12.00%
ESI Employee %
0.75%
ESI Employer %
3.25%
ESI Wage Limit
₹21,000
Professional Tax (Monthly)
₹200
PF Wage Cap
Enabled • ₹15,000
CTC Auto-Distribution
Special Allowance auto-calculated to make total 100%
| Component | Percent |
|---|---|
| Basic | 40.00% |
| HRA | 40.00% |
| Conveyance | 5.00% |
| Educational Allowance | 2.00% |
| Special Allowance (Auto) | 13.00% |
| Total | 100.00% |
Used In
Salary Sheet generation, Payslip generation, EPFO sheet preparation.