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Hi,

It's very simple. You can add many heads according to your company requirements, like basic, HRA, city compensatory allowances, washing allowance, children allowance, special allowance, and so on.

Regards,
Ritu Bhatnagar

From India, Delhi
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Dear Srinivassan,

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

Vinay

From India, Delhi
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Dear colleagues,

We are a pharma marketing company. Most of our Medical Representatives are covered under the ESI scheme due to salaries below Rs. 10,000. We want to include their daily allowance of Rs. 120 per day in their salary to exceed the Rs. 10,000 limit so that they will be exempt from ESI. The question is, is this possible, and if so, under which head can we add it to the salary? Please reply to me.

Thanks,
T. P. Panda

From India, New Delhi
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Dear Abhi,

The breakup 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
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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
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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
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Hi,

I agree with Mr. Selvan. For better understanding, I am sending a .doc file which I prepared in reply to auditors' objections on the subject for one of my clients. I hope you find it 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, 730 views)

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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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