Salary Head
This query is : Resolved
suresh saini
(Querist)
31 January 2009
Dear Sir/Madam
I want know that Dearness allowance is mandatory for a private company shown in books of accounts in the head of salary & wages like conveyance, medical etc.
forther i would to like that it is fixed ratio on basic of salary or not.
Regards
Suresh SAINI
Dear Sir/Madam
I want know that Dearness allowance is mandatory for a private company shown in books of accounts in the head of salary & wages like conveyance, medical etc.
forther i would to like that it is fixed ratio on basic of salary or not.
Regards
Suresh SAINI
K V Subba Rao
(Expert)
31 January 2009
There is no law governing payment of Dearness Allowance. It is a matter of understanding between Management and Union
01 February 2009
Fully agree with Mr. Rao's reply.
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