Hi
Its very simple
YOU CAN ADD MANY HEADS ACCORDING TO UR COMPANY REQUIREMENTS
LIKE BASIC, HRA, CITY COMPENSATORY ALLOWANCES, WASHING ALLOW.,CHILDREN ALLOW, SPECIAL ALLOW AND SO ON.
REGARDS,
RITU BHATNAGAR

From India, Delhi
Dear Srinivassan,
To calculate one day salary, it is always divided by 30(normal days in the month) and for an individual the same can be calculated by multiplying number of days actually worked.
Vinay

From India, Delhi
Dear colleagues,
We are a pharma marketting Co. Most of of our Med. Reps. are covered under ESI scheme due to below 10,000 salary. We want to include their daily allowance which is Rs.120 per day in their salary in order to exceed 10, 000 limit so that they will out from ESI. But the question is is it possible and if it is possible in which head we can add in the salary. Please reply me
Thanks
T P Panda

From India, New Delhi
Dear Abhi
The break up normally used is:
(A) Monthly Salary
a. Basic : 49 % of total
b. HRA : 40 % of the basic
c. Conveyance Allowance : Rs. 800
d. Special Allowance : flexible
Total Monthly Salary : aggregate
.
Regards
Vineet

From India, Chandigarh
Dear Mr.Virender I would like to clarify from you for the month of Feb How would be overtime calculation is done.The same 26 days is taken in to count. Regards Suman
From India, Hyderabad
hello every buddy, this is sudhir, and i want to know about the earn leaves, that how to make the the E/L Of the employes.
From India, Lucknow
Hi
I agree with Mr. Selvan.
For better understanding I am sending an .doc, which I prepared in reply to auditors objection on the subject for one of my client.
Hope you find the same useful.
Bye
Puneet Gupta
Labour & Industrial Law Advisor
Ludhiana

From India, Ludhiana
Attached Files (Download Requires Membership)
File Type: doc Method of calculation of wages.doc (135.5 KB, 727 views)

Dear Friends,
Good Evening,
If National Holiday Falls on Weekly Holiday / Sunday, then will have to pay wage to employees for the extra day?
Example:
Suppose in October month having working Days - 26
& Total Sunday is - 05
& National Holiday ‘Gandhi Jayanti’ falls on Sunday
Then wages for how many days will have to pay 26 days or 27 days?
Our SAIL-RSP insisting that we have to pay the wages for 27 days. We think that they are wrong.
In which labour law we will get details to show them.
Please help us…..!
Regards,
Santosh Gupta
Mob: 7978251078
Rourkela

From India, Shillong
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