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Dear Seniors,
I am filling up the Minimum Wages Form III (Rule 21 (4-A) Annual Return) for the 1st time
Please comment whether my calculations are correct
1) We have derived at the total No. of days worked during the year = 304 (excluding weekly offs & holidays)
2) The No. of persons employed during the year (After counting the manpower for 12 months & totalling them
up) =1702
3) Number of Mandays worked during the year : (Is equal to Avg no. of persons employed during the year * no
of working days in the year) = (1702/12) * 304 = 142 * 304 = 43168
4) Average daily number of persons employed during the year = (Is equal to Aggregate Number of
attendances during the year/Number of working days ) = 1702/304 = 5.598 = 6 persons
5) Total wages paid in cash : Should this be the gross salary or the take home (ie after deduction of
PF/ESI/PT etc) ? Please guide
Your valuable inputs will be highly appreciated

From India, Bharuch
Dear Seniors,

I am filling up the Minimum Wages Form III (Rule 21 (4-A) Annual Return) for the 1st time

Please comment whether my calculations are correct

1) We have derived at the total No. of days worked during the year = 304 (excluding weekly offs & holidays)

2) The No. of persons employed during the year (After counting the manpower for 12 months & totalling them

up) =1702

3) Number of Mandays worked during the year : (Is equal to Avg no. of persons employed during the year * no

of working days in the year) = (1702/12) * 304 = 142 * 304 = 43168



or

Number of Mandays worked during the year = (No. of days in each month * No. of persons each month) =

44398/12 = 3699.83

Which of the above is correct ???

4) Average daily number of persons employed during the year = (Is equal to Aggregate Number of

attendances during the year/Number of working days ) = 1702/304 = 5.598 = 6 persons

5) Total wages paid in cash : Should this be the gross salary or the take home (ie after deduction of

PF/ESI/PT etc) ? Please guide

PLEASE PROVIDE YOUR FEEDBACK URGENTLY ; YOUR VALUABLE INPUTS WILL BE HIGHLY APPRECIATED.

From India, Bharuch
Dear Seniors, Please help as I am held up due to this calculations.
From India, Bharuch
Dear Tittli ji,
My comments are as under:
Absolutely right.
I have not understood what you said. No.of persons employed during the year can be arrived by counting head-counts employed during the year.
Mandays means total number of days worked by the employed persons. Mandays can be arrived by totalling no.of days worked by each person during the year.
Average daily no.of persons employed during the year means mandays divided by no.of days worked. If you have average 6 persons then your answer at Sr. 2 above is wrong. Please note that aggregate no.of attendance means mandays.
According to me, total wages paid in cash means gross salary less deductions towards fine and damages.

From India, Mumbai
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