Dear Bhargavi,
I have gone through your discussion, even I am not satisfied with it, there is a difference in amount if we calculating on 30th days and 31st days.
For e.g: if it's 30th month , and Mr.Xyz is having Rs.10,000 salary per month , than per day it's coming Rs.333
He worked for 29 days i.e 1day LOP, so amount will come 10,000/30 *29 days= Rs.9666
If it's 31st month, than per day it's coming Rs.322
calculate same 1 day LOP= so 30days he worked
Now total amount for 30days = 10,000/31*30 days=9677
So if we take standard calculation of 30 days every month , there is a loss for an employee.
This is my point of view, need proper clarification on it.
Regards,
Ami