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The formula for calculation of earned leaves(els)
Hi friends iam having one query about calculation of elsactually the formula for calculation of els is basic salary/26 no. of leaves ...in that why we should divide basic salary with 26 particularlyi thought that 26 is the working days in a month..but i want clear explanation on it ..can any one help me in this regard...
What is the formula for calculation of earned leave?
Dear seniors what is the formula for calculation of el s? basic / 26 x no.of el s if the above formula is correct pls provide any valid document from act stating the above formula is correct. regards
Basic salary for gratuity calculation - employee who has basic salary e.g 45,000 (basic +da) but his basic is restricted to pf as 15,000?
Hello hr professionals i would like to implement gratuity benefits for our employees as per the payment of gratuity acts 1972. as per the act gratuity formula is no of years of services last drawn basicda15/26. i have some doubts regarding the same how we will consider basic for calculation in case of any employee who has basic salary e.g 45000 basic da but his basic is restricted to pf as 15000? which basic needs to be considered while calculating his gratuity. please explain.
Salary calculation formula
Hello everybady.... please send me complete formula for calculate salary. ex. i just want to give net 60000 salary p.m. to my employee. so how to calculate all the taxes? how to generate salary? i m very confuse about salary calculation. thank you. regards sanjay pansuriya sanjaypansuriyagmail.com
Required formula
Hi i am doing salary in exel and facing problem regarding pf calculation we have fixed our basic 6500 for 30 days whose employee salary more than 6500 and calculating pf and put formula on same but when employee having amount less than 6500rs and present day 15 days then what formula we should put for it regards dilip
Gratuity death claim calculation - please share the calculation sheet/formula
One employee was worked in my friend company from 1st march 2016 to 28th dec 2016 and he died while on service because of brain haemorrhage. now they have to pay gratuity to his family but they don t know the calculation and they do not have gratuity trust account. kindly suggest me that how much amount they have to pay & if possible please share the calculation sheet/formula. employee dob: 1008197 and basic salary: rs.6008/ kindly consider do the needful.