In India, for salary calculation purposes, the number of days in February varies depending on the company's payroll policy:
Common Practices:
Calendar Days Basis: If the salary is calculated based on actual calendar days, February will have 28 or 29 days (in a leap year).
Fixed 30 Days Basis: Some organizations standardize salary calculations by considering every month as 30 days (irrespective of actual days).
Working Days Basis: Some companies calculate salaries based on actual working days, excluding weekends and holidays.
Hours Calculation:
Typically, 8 working hours per day are considered.
If the company follows a 5-day workweek, total working hours = (no. of working days × 8).
If the company follows a 6-day workweek, total working hours = (no. of working days × 8).
Relevant Indian Labour Laws:
There is no specific law governing the number of days for salary calculation, but the following acts provide guidelines:
Payment of Wages Act, 1936:
Ensures timely payment of wages and prohibits arbitrary deductions.
Does not prescribe a fixed number of days for salary computation but mandates that wages should be paid within 7th or 10th of the following month.
Minimum Wages Act, 1948:
Defines the minimum rate of wages per day.
Usually considers 26 days (excluding 4 weekly offs in a month) for wage computation in industries where wages are calculated daily.
Factories Act, 1948 & Shops and Establishments Act (State-wise):
Regulates working hours, overtime, and leave policies.
Defines daily and weekly working hour limits.
Industry Practice:
Most companies in IT services (including yours) tend to follow calendar days (28/29 for February) or a standard 30-day month for ease of payroll processing.