7th February 2011 From India, Kannur
8th February 2011 From India, Delhi
I have a doubt after calculating OT.
To calculate PT, as per law do we need to add OT to gross salary to calculate PT?
Below is the calculation i am doing please advice.
Salary Rs 8,980
Basic - 3592
HRA - 1437
Conv - 800
Med - 1200
Other Allow - 1901
OT - 1356
Gross Salary - 10,336
PT - 150
PF - 431
In this case emp salary is Rs 8,980. If i add OT within Gross salary then gross salary will increase more than Rs 10,000 then emp need to pay P.T.
So please help me OT should add within Gross Salary or Outside Gross Salary.
20th July 2011 From India, Bangalore
21st July 2011 From India, Kannur