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venoyvy
3

Hi dear , Please check attachment.
Attached Files (Download Requires Membership)
File Type: xls OT.xls (25.5 KB, 282 views)

rajnish.031
Dear All
As per factories act a person who has worked more than 9 hrs in a day and 48 hrs in a week should be paid double OT. The calculation is as follows-
Basic+D.A/26/8*OT Hrs*2
Suppose If basic+D.A is Rs.15000 and Ot is 45 Hrs then the calculation will be
15000/26 =577
577/8=72
72*45*2=6480

From India, Bangalore
Jagdish sai ram
1

Hi Rjneesh, in the above formula Basic+D.A/26/8*OT Hrs*2. what is tht 2 refers too. Regards, Jagdish.
From India, Hyderabad
rajnish.031
Dear Jagdish Ji, 2 refers to double the OT Hrs. Regards Rajnish
From India, Bangalore
ambikumar
5

Dear Mr. Khaiser Ali,
Pls. note the Over Time Calculation is
Basic / 26 / 8 * no. of ot hrs * 2.
Because if the workers worked after working hours we have to pay the overtime as double wages.
This is for your kind information.
Thanks & Best Regards,
Ambika

From India, undefined
d-k-srivastava
1

Dear All I think OT formula is - (Basic +DA)/26/8*OT Hrs
From India, Gurgaon
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