Net amount is calculated by making deductions like PF, ESI, Labour Welfare Fund, Festival advance etc from the gross salary. Here the Net Salary is Rs. 5061 (5751-690).
From India, Mumbai
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Insights on bonus calculation and minimum wage consideration Dear sir the basic amount to calculate the bonus is as follows: 1. for those earning a minimum basic salary of rs. 7345.00 per month the considerable basic amount is... 7 Replies0 Files6 Participants
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Minimum Wage of UP & UK.pdf