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Dear All
As per factories act a person who has worked more than 9 hrs in a day and 48 hrs in a week should be paid double OT. The calculation is as follows-
Basic+D.A/26/8*OT Hrs*2
Suppose If basic+D.A is Rs.15000 and Ot is 45 Hrs then the calculation will be
15000/26 =577
577/8=72
72*45*2=6480
From India, Bangalore
As per factories act a person who has worked more than 9 hrs in a day and 48 hrs in a week should be paid double OT. The calculation is as follows-
Basic+D.A/26/8*OT Hrs*2
Suppose If basic+D.A is Rs.15000 and Ot is 45 Hrs then the calculation will be
15000/26 =577
577/8=72
72*45*2=6480
From India, Bangalore
Hi Rjneesh, in the above formula Basic+D.A/26/8*OT Hrs*2. what is tht 2 refers too. Regards, Jagdish.
From India, Hyderabad
From India, Hyderabad
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