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What will be the salary chargeable ?

nidhi (student) (346 Points)

27 September 2014

"An employee appointed on 1/1/2013 in the scale of 20000-1000-30000. What will be the salary chargeable for PY 13-14?" what does this scale thing mean ?

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21 Replies

sneha (student) (209 Points)
Replied 27 September 2014

Yah this is in pm na even i tooo didn't understanddd even i want clarification...

Mihir (Wealth Manager) (5293 Points)
Replied 27 September 2014

Salary is of Rs. 20,000/-. The employee shall be eligible to receive increment of Rs. 1,000/- every year, till his salary reaches Rs. 30,000/-.

nidhi (student) (346 Points)
Replied 27 September 2014

Thank you so much....

Suman Kumawat (Article) (612 Points)
Replied 27 September 2014

Rs 20, 000/-pm for 11 months. And Rs.21, 000/-for 1month. I.e., 221, 000 for previous year 13-14.

Suman Kumawat (Article) (612 Points)
Replied 27 September 2014

Sorry.. that will not b d case.. Rs 20, 000/-pm for 9months.I.e from April to December. And Rs.21, 000/-for 3month i.e. january to march.. total will come to Rs.224 ,000 for previous year 13-14.

Suman Kumawat (Article) (612 Points)
Replied 27 September 2014

Sorry that will not b d case.. it should be Rs 20, 000/-pm for 9months i.e from april to december. And Rs.21, 000/-for 3months I.e from January to march. Total will be Rs. 224,000 for previous year 13-14.

nidhi (student) (346 Points)
Replied 27 September 2014

*243000 the total...thanks a lot

vikash (articleship completed) (28 Points)
Replied 27 September 2014

Employee will get a salary of 20000 for the month of jan,feb,march 2013 and from thenext f/y he will get 21000 .therefore salary for whole f/y 13-14 will be 21000*12=252000.

Mukesh Saini (Accounts and Taxation) (41 Points)
Replied 28 September 2014

From April'13 to Dec'13 salary will be Rs.20000/- pm. and for Jan'14 to Mar'14 it will be Rs. 21000. 20000x9= 180000 21000x3= 63000 Total= 243000...

Hunny Arora (Articleship) (101 Points)
Replied 28 September 2014

As everybody has answered it He will receive salary as-20000*9(april-dec)+21000*3(jan-mar) If 2yrs case will come in exam then again after nxt dec the salary will b 22000