What Is Dearness Allowance Calculator
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Dear all,My company is in the automobile service industry. We are located in Pune, Maharashtra. I want to know what the increase in Dearness Allowance is for the year 2009\. I have heard that Dearness Allowance is increased by Rs. 30\. What is the minimum or max...
Dear Pratap Kamble,D.A. is increased by 147 Rs from Jan-09 for automobile-related company. Referenc APS Labour Digest Feb-09.Regards,Pratap Kamble
Hi Mr. Prabhu,PF (12%) PF will be paid on Basic. Here's an example for your clear understanding:Eg: Gross Salary: 30,000 Basic (50% of Gross Salary) = 15,000 PF (12% of Basic 15,000) = 1,800I hope you will definitely understand better with this example.
What is the percentage for calculating dearness allowance?Most of the companies I have heard of do not offer PF or ESI, but they allocate a portion of the salary as 610 for DA. I am unsure at what percentage they are deducting. Is there a standard percentage for...
Hi,Can you explain how much PF amount is deducted from employees and employers? Is it correct that employees contribute 12% and employers contribute 13.16%? Does the 12% contribution cover only Basic, DA, or other components? How do we classify the salary into B...
Hi Jenny,As per government norms and the implementation of the 6th Pay Commission, the DA rate now is 24% of Basic and grade pay. DA will increase by 6% every six months. I don't know your company's pay structure, but this is as per government rules. The PF will...
Hi,As it is a part of our curriculum, I would like to know about it. I didn't expect that someone would ask me "why" I want the information. Can I know why you asked me like that?
Hi everyone,Can anyone tell me what fixed DA and variable DA are and how they are calculated? Also, based on what aspects will the company decide how much should be paid to the employees as DA?
Hello, what is the difference between variable DA and fixed DA?–-Hello, what is the difference between variable DA and fixed DA?
Dear Friend,I am also with Kprasson. For all purposes, we include Basic & Spl Allowance, so why not term it differently, as it is linked to the current situation in the market.Regards