sonalihrd
1

TO SENIORS,
KINDLY LET ME KNOW ANSWER FOR BELOW QUERY. I NEED RIGHT ANSWER & DETAIL FOR SOLVING..
WORKER SALARY - 240/DAY
OVERTIME = 1.5 TIMES OF SALARY
OVERTIME HOURS = 30 HRS
ADVANCE = 1000
LOAN = 500
PRESENT DAY = 25, ALSO THERE IS PF, ESIC DEDUCTION. THEREFORE CALCULATE NET SALARY??

From India, Mumbai
jkct15
184

hi
Salary = 6000 (240*25)
OT = 1350 (240/8*1.5*30)
Salary+OT = 7350
Deduction
ESI = 128.62 (6000+1350*1.75%)
PF = 720 (6000*12%)
Loan = 500
Advance = 1000
Total Deduction =2348.62
Net salary = 5001.37 (7350-2348.62)
Hope this will suffice your doubt.


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