The exact calculation of overtime is as under
No. of working hours in a week is very important for calculating overtime:
For example in a factory the weekly working hours is 48 hrs hence the calculation of vertime will be
BASIC+ DA / 198
198 = 48 *52/12 This factor 198 is derived as follows : In a week 48 hrs in 52 weeks its 8*52 and then diveided by 12.
Sudipta