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Gratuity applicability & calculation in special cases
Dear all kindly do let me educate in regard to eligibility & calculation of gratuity in below situation. as per act i consider 5 years continuous service for eligibility and 240 days for one completed year. this is a general query : if "x" joined on 01.01.2009 & if "x" worked for 1st calendar year 285 days; if "x" worked for 2nd calendar year 300 days; if "x" worked for 3rd calendar year 170 days only due to lwp if "x" worked for 4th calendar year 299 days & if "x" worked for 5th calendar year 242 days mr "x" is in continuous service without break. however he resigned exactly after completion of 5 years service say on 02.01.2014. under such circumstances whether "x" is entitle & eligible for payment of gratuity & if so to what extent? thanks for guidance in advance.
Monthly salary calculation
Dear all pl guide for salary calculation for months in a year suppose in dec days are 31 and i am having leave for 04 days so haw many days am eligible to get the monthly salary for dec.for 26 days or 27 days is it like monthly gross salary/30 daysno days presentnet salary or will it be like monthly gross salary/31 daysno days presentnet salary similarly in feb days are 28 and am having leave for 02 days how will be the calculation is it like:monthly gross salary/30 daysno days presentnet salary or will it be monthly gross salary/28 daysno days presentnet salary similarly in june days are 30 and am having leave for 02 days how will be the calculation is it like:monthly gross salary/30 daysno days presentnet salary or what. which one is right in both the cases. finally monthly wage/salary is calculated on the basis of days in the said month or at a fixed days like 30 days for all the month. waiting seniors invention quickly thnx tarun
Per day salary calculation on the basis of 26 days
Dear all i have some confusions regarding per day salary calculation on the basis of 26 days. salary 6000 1 how we can calculate when total days of month are 27 without rest days and worked days are 20. 2 how we can calculate when total days of month are 25 without rest days and worked days are 20. can u please tell me in detail thanks sadiq
Salary caculation
Dear all i have some confusions regarding per day salary calculation on the basis of 26 days. salary 6000 1 how we can calculate when total days of month are 27 without rest days and worked days are 20. 2 how we can calculate when total days of month are 25 without rest days and worked days are 20. can u please tell me in detail thanks sadiq
Working days as per labour law
Dear seniors i would like to have a favour from you in sharing some of your knowledge to us. as per labour law there should be 26 working days. in months where there are 31 days and if the no. of sunday is 4 then the working days become 27. can we show 27 days in the salary/ wages salary? again in a month of 30 days if there are 5 sundays the total working days become 25. is it ok to show 25 days? your valuable reply is awaited. thank you for your help. regards j p das
Any std no of days in a month for salary calculation?
I am working in an it company with a strength of 50 approx. do companies follow a std no. of working days while calculating salary? mostly salaries are calculated based on the formula: monthly grossno. of days present/26 generally 26 working days are considered. but then is it 26 working days for 31 days month & 25 for 30 days month what about feb? and also what about national holidays? all your comments and suggestions will be highly appreciated. regards manidipa hr manager