Calculation Of Salary 26 Days Or 30 Days
Advance Search Feature
Available Downloads - Page 1
(Size: 83968K)
(Size: 8272571K)
(Size: 115200K)
(Size: 3253773K)
(Size: 1142258K)
(Size: 72192K)
(Size: 120313K)
(Size: 785408K)
(Size: 26913K)
(Size: 1925632K)
Search Result For "Calculation Of Salary 26 Days Or 30 Days" - Page 1
Dear Rajesh,As per labor regulations, the consideration is for 26 days only. Some may consider it as 30 or 31 days, but the overall payment per month will remain consistent at Rs. 10,000\.Calculations:- For 26 days: Rs. 10,000 / 26 = Rs. 384.61- For 30 days: Rs....
Dear Sir,Is the calculation of salary based on 26 days correct, or should it be based on 30 days?Thank you.
Dear Sumit,We will consider the monthly salary as mentioned in the previous comments. It will be divided by 28 for that month. If we remove Sundays, 24 days will be considered, and the salary will be the same as the previous month. Only the daily wages will diff...
@Rajesh:> Dear Sir,> > Is the calculation of salary on 26 days correct or should it be on 30 days?> > Dear Mr. Rajesh,> > Legally, we are required to calculate the salary based on 26 days only.> > Regards,> GANESH> DGM - HR
Dear sir,Greetings for the day,I agree with Rajesh that the calculation will be done on the 26th day instead of 30 or 31 days, but for the month of February, the days will be 24 instead of 26.Thanks & Regards,From,Sumit Kumar Saxena
In most cases where the MW Act is applicable, it should be 26 days only. Moreover, if the company is following the wage structure on an hourly basis or piece rates, these 26 days shall apply. In all other cases, it is 28/30/31 days only without any change in the...
When the employment is covered by the Minimum Wages Act, 1948, the day of the weekly off is a paid holiday. For the sake of clarity, one should refer to Sec. 30 of the MW Act, 1948, which deals with the power of the Appropriate Govt to make Rules under the Act. ...
Minimum wages as per state rules per month divided by "n".Where n = number of days, it may be 30/31/28 as per calendar days or 26 (net working days), depending on which method achieves the per day wages rate.In most cases for daily wages workers, payment is made...
Minimum wages in Maharashtra are declared for the month. As such, you can follow one of the two methods:1) Divide minimum wages by 26 for one day's minimum wage. Pay them for the days the employee works, excluding the weekly off.2) Divide minimum wages by 30 for...
Respected Umaakanthan.M Sir,With reference to your post, I would like to ask if it is required to obtain a copy from the labor office where it is prescribed that the monthly days for calculation can be 30/31\. I was unable to find any such document where it is p...