08 September 2009
if an employee retired on 15/01/2009 & his basic salary was Rs. 10,000 at the time of retirement . increment in his salary was from 08/07/2008 of Rs. 1,000. while calculating avg.salary of last 10month preceding the month of retirement , whether we will calculated from 01/03/2008 to 31/12/2008 OR from 15/02/2008 to 15/12/2008?
08 September 2009
In the case of gratuoty we take salary from month to month that means fron 1-3-2008 to 31-12-2008 and in case of leave encashment we take salary from date to date basis
CAclubindia
