Hi Punna,
The configuration from Payroll point of you is that check for the Nodes Payroll->Payroll-India->RAP and Payroll->Payroll-India->Tax i.e the eligibility and Tax code needs to be maintained.
And also 0589 subtype needs to be configured and also the tax code must be mapped against the wage type.
Then decide on whether you are going to pay the medi claim through off-cycle or regular payroll run and also the wage type must be available here.
Regards,
Mithun K