Motor Insurance Commission and TDS Calculation
Understand the basic workflow for commission, TDS and net commission calculations.
How to use the tool
- Enter the premium and commission values required by the calculator.
- Review the TDS calculation and resulting net commission.
- Use the cut-pay section when PCV or MISD values need to be worked out.
About this workflow
Commission and TDS treatment can depend on the transaction and applicable rules. Use the calculator as a working aid and verify the applicable accounting or tax treatment.
Use the tool
Frequently asked questions
What does this guide cover?
Understand the basic workflow for commission, TDS and net commission calculations.
Which tool should I use?
Use the Commission & Cut-Pay Calculator for the workflow described in this guide.
Should the result be verified?
Yes. Verify the result against the current product rules, insurer requirements and source document where applicable.