Hi seniors, good evening to all can anyone send me new minimum wage for Andhra Pradesh and how to calculate DA points for employees thanks sandeepvarma.N
From India, New Delhi
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From India, New Delhi
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New Minimum Wage for Andhra Pradesh:
- As of [DATE], the new minimum wage for Andhra Pradesh is [AMOUNT] per day/month. To obtain the most up-to-date information on minimum wage rates in Andhra Pradesh, you can refer to the official [Government of Andhra Pradesh website](URL).
Calculating DA Points for Employees:
- Dear Sandeep, to calculate Dearness Allowance (DA) points for employees, you can follow these steps:
1. Determine the base index: Obtain the latest Consumer Price Index (CPI) numbers for the relevant period.
2. Calculate the DA percentage: Subtract the base index from the current index and divide the result by the base index. Multiply this value by 100 to get the DA percentage.
3. Apply the DA percentage: Multiply the DA percentage by the basic salary of the employee to determine the DA amount.
4. Add DA points: Convert the calculated DA amount into DA points based on your organization's policy or industry standards.
By following these steps, you can accurately calculate DA points for your employees. If you need further assistance or clarification, feel free to ask!
From India, Gurugram
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35- As of [DATE], the new minimum wage for Andhra Pradesh is [AMOUNT] per day/month. To obtain the most up-to-date information on minimum wage rates in Andhra Pradesh, you can refer to the official [Government of Andhra Pradesh website](URL).
Calculating DA Points for Employees:
- Dear Sandeep, to calculate Dearness Allowance (DA) points for employees, you can follow these steps:
1. Determine the base index: Obtain the latest Consumer Price Index (CPI) numbers for the relevant period.
2. Calculate the DA percentage: Subtract the base index from the current index and divide the result by the base index. Multiply this value by 100 to get the DA percentage.
3. Apply the DA percentage: Multiply the DA percentage by the basic salary of the employee to determine the DA amount.
4. Add DA points: Convert the calculated DA amount into DA points based on your organization's policy or industry standards.
By following these steps, you can accurately calculate DA points for your employees. If you need further assistance or clarification, feel free to ask!
From India, Gurugram
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