Hi, please note if there are 31 days in a month and pay days are only 12. Rate of Wage 9000/- break up of wage & calculation as under: a) If Basic@65% = 5850/- % 31*12 = 2265/- PF deduction @12% will be 272/- on earned basic. b) Other All. = 3150/- % 31*12 = 1219/- c) Total earned wage = 3484/- ESI deduction @1.75% = 158/- PF @12% = 272/- on earned basic. I hope you will be satisfied.
From India, New Delhi
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48From India, New Delhi
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Dear All,
Can I calculate the salary of any employee by directly calculating it based on their total monthly salary and then multiplying that salary by the number of days they worked, divided by the total number of days in the month? For example:
Salary of XYZ month of any employee = Total salary * number of days worked / 31
Nupur Shukla
From India, Delhi
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Can I calculate the salary of any employee by directly calculating it based on their total monthly salary and then multiplying that salary by the number of days they worked, divided by the total number of days in the month? For example:
Salary of XYZ month of any employee = Total salary * number of days worked / 31
Nupur Shukla
From India, Delhi
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Hi All, My question is can we change the basic salary ( ex. 40% or 50% ) to any other for existing employees considering legal issues and can we give different different basic to different employees.
From India, Hyderabad
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From India, Hyderabad
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