Hi,
I have a question..
If any permanent employee working for XKG Pvt. ltd company, and his gross salary is 25,000/-.
So kindly guide me regarding my below mentioned queries.
1) How to calculate his net salary for 22 days (If considered as LWP for 8 days)..??
2) What is Pro-rata basis salary..?? and how to calculate for the same.
Regards,
Sushant
Say Salary 25,000 for 30/31 days depending upon the month
If 30 days month & 8 LOP = 25000/30 x 8
if 31 days month & 8 LOP = 25000/31 x 8
But everything depends upon Management policy on Salary since some company calculate on 26/27days excluding sundays or for the whole month as the case may be subject to leveave eligibility of the employee
Thanking you very much Narasimhan ji....
Sushant Chakre
CCI
Pro
CAclubindia
