35000 Salary
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Dear Malathy,Payment of overtime wages is a statutory necessity under the Factories Act 1948, and the coverage under the Act extends to all who are directly or indirectly employed in the factory, including the premises (Section 2m). There is no salary criteria i...
Hi Malathy,An employee's salary is not the criterion for paying overtime; neither can you deny based on that clause.Could you please provide the designation of the employee you are referring to? What are his responsibilities?
Dear Sir,Is it compulsory or necessary to pay overtime payment for a person drawing a salary of more than 35,000 per month?Please help us in this regard.MalathyAerospace
Hi,Please understand, as rightly said by Mr. Venkata, salary is not a criterion for any employee to calculate overtime. It is applicable to all employees defined or specified as employees under the law. Secondly, if you have any long-term agreement with the unio...
Hello,Please clarify first about deductions in your organization. If there would be no deductions like PF or any other, then you may use:Basic Salary: 17500 (50% of CTC)HRA: 8750 (50% of Basic)Medical Allowance: 1250 (Fixed)Travelling Allowance: 1600 (Fixed)Spec...
What should be the basic salary structure for a Sales profile employee getting Rs. 35,000 per month in a Gurgaon-based Pvt. Ltd company?
Wages of INR 35,000 mean it is Basic & DA. If it is the total monthly wages, add PF, ESI, Bonus, and any other items payable to the employee. Then 50% of that is Basic and DA.S K Bandyopadhyay (WB) 98310 81531
What can be the percentage in salary bifurcation for monthly wages if the wage is only $35,000?–-I have corrected the spelling, grammar, and punctuation errors in the user's input. I have also adjusted the formatting to ensure proper paragraph structure. If you ...
As per the definition of the term "wages" under Section 2(y) of the Code on Wages, 2019, the sum total of the allowances mentioned under its clauses (a) to (i) shall not exceed one half of the total remuneration payable. In other words, the sum total of the incl...
By mistake, I have mentioned ESI. Please don't consider the same.S K Bandyopadhyay (WB)98310 81531