Da Calculation In Excel
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DA stands for Dearness Allowance. The rate of DA depends on the policy of the respective organization. It is expected to reflect the cost of living index of the place of working. It is usually calculated as a percentage of the basic salary.A variant of this is V...
Dear all,DA stands for Daily Allowance. If I am not wrong, the policy varies from company to company, and the designation is also considered while calculating DA. As per my knowledge:- Directors' DA = Rs. 3000 per day outstation (within the country)- Senior Mana...
DA stands for Daily Allowance and Dearness Allowance. Daily allowance is granted to meet the expenditures that are incurred when the employee serves in a place other than their headquarters. Dearness Allowance is an allowance granted to compensate for the shortf...
Sir, please tell me how to calculate DA (if new DA is added). Some employees are gaining DA while some are not.Thanks and regards.
It is basic DA that is to be considered for computing gratuity. All other allowances are excluded. However, please note, if you're paying any allowance like special allowance which is linked to the cost of living, that may have to be included.B. SaikumarHR & Lab...
Dear Arbind,Every special allowance paid as a component of salary will not be in the nature of a dearness allowance. In the private sector, a special allowance is paid as any other allowance apart from basic but not as a dearness allowance. Therefore, it may not...
Dear Mr. Arbind,The special allowance in your case should be construed as DA, as 17% of the salary package mentioned by you should be to cover the cost of living, even though there was no mechanism to arrive at this figure as in the case of unionized employees w...
Dear Saikumar,Thank you very much for your valuable comments. They are indeed very helpful. The only thing I would like to add is that this special allowance was given throughout our employment to all employees. Dearness Allowance (DA) was never included in the ...
Hi,My employer has settled my gratuity based on the basic salary only. There is no heading for DA in my salary slip. Can I take legal action to claim gratuity on special allowance?Regards,Arbindsha
We can also take a washing allowance along with the contribution payment.