Overtime Calculation - is There Any Requisition Form to Be Received From the Project Managers?

i WOULD LIKE TO KNOW HOW TO CALCULATE OVERTIME FOR AN IT BASED COMPANY INCASE IF PROGRAMMERS ARE WORKING EXTRA HOURS? AND IS THERE ANY REQUISITION FORM TO BE RECEIVED FROM THE PROJECT MANAGERS IF THEIR TEAM IS WORKING ON EXTRA HOURS?
IN CASE CAN I GET THE FORMULA FOR OVERTIME WITH ABBREVIATIONS AND A SAMPLE REQUISITION FORM FOR OVERTIME
THANKS IN ADVANCE

Dear Mubin,
Herewith find the OT Amount calculation formula as i know
((Basic+DA) * ( No of OT hours worked)/(No of working days * 8)) * 2
Truly Yours,
Kumar.H.P

Dear Mubin,
Herewith find the OT Amount calculation formula as i know
((Basic+DA) * ( No of OT hours worked)/(No of working days * 8 ) * 2
Truly Yours,
Kumar.H.P

Please find the calculation -
((Basic+DA) * ( No of OT hours worked) * 2
----------------------------------------------------
(No of working days(in that perticular month) * 8
Regds.
Roopesh
TEI , Noida

Dear All,
In "CITI HR" different answers for One question.just how can i conform which one is correct answer for the question.
For example some of them said OT calculation on Basic+DA,..Some of then said on Total gross salary. Which one is correct ?

WHY IT HAPPENS ? WHY THEY DON'T GIVE EXACT ANSWER FOR THE QUESTION.
Is the site for time pass or gathering of knowledge ?

Hi
OT Calculation in a simple way
1. Basic + DA per Month / 26 days to arrive at 1 day salary or wage.
2. per day salary / 8 Hrs to arrive at per 1 Hr. wage or salary
3. No of OT Hrs X per Hr wage or salary X No. of OT Hrs X 2 ( double wage)
Mohan Rao
Manager HR

SO NICELY EXPLAINED

Krmrao 21 Click on follow to get recommendations from krmrao + @ ☰ #6
Hi
OT Calculation in a simple way
1. Basic + DA per Month / 26 days to arrive at 1 day salary or wage.
2. per day salary / 8 Hrs to arrive at per 1 Hr. wage or salary
3. No of OT Hrs X per Hr wage or salary X No. of OT Hrs X 2 ( double wage)
Mohan Rao
Manager HR