is taking 30.45 days in month for calculation of salary is as per law??

yash-t
Dear Seniors,
kindly help me in understanding as per the Act(Payment of wages/Minimum Wages etc) payment of salary on the basis of calculation of no. of days in month as 30.45 days is valid as per, If yes please share the act.
Regards
Junior A
ravi5554
Dear Friend,
This is not valid calculation, calculation has to done on 31/30/28 as per month.
Industry to industry days may vary like ( some keeps 30 days constant for every month & some companies calculates on actual days of particular that month).
satyanarayana38mba
If there is any OT it must not include with Regular attendance
There must be a seperate calculation for OT
ravi5554
Dear Satyanarayan,
For salary calculation OT has to consider it or not ?
suraj.v
As per Indian government organization has 26 days salary calculation except sundays,some other private concerns also following the same calculation.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute