Pl. answer my this simple query
my training started on 14.08.08
total no. of days b/w(14.08.08-17.02.10)= 553 days....(4)
no of sundays & allowed holidays(like holi,diwali,etc) =90....(1)
Total Leaves taken by me = 183....(2)
Total days I worked (effective)=280...(3)
1+2+3= 553...(4)
Now, as far I have understood, ICAI permits 1/6th eligible leaves of effective period, i.e 1/6 of 280=47
So, Leaves Permitted=47 , taken=180 , which means excess leaves = 180-47=133
I want to clarify following:
1. To calculate my completed months training , I Shall use following formula =
Effective Days worked+eligible leaves+sundays & allowed holdiays-sundays & allowed holidays (falling when I was on official leave)
=(280+47+90-4)/30 =14 months.
Pl. confirm I am right doing above.
2. Secondly, Shall I be paid for eligible 47 leaves i.e nearly 1.5 months ? if yes, at what rate?
3. Thirdly, mine a six day office , I work for 6.5 hrs daily i.e 39 hrs , as per ICAI requirement 35 is min and i work 4 hrs excess evry week, but there are many days when I remain absent for aday or so in a week & in that case my min working hrs of 35 hrs are not fullfiledd so,will my excess 4hrs working will nullify those leave ?
4. Again Shall I be paid for excess hours worked?
5. Last, Do sundays n allowed holidays form part of training? And, what if I am official 2 month leave and during that period 8 sundays fall, so whether they will form part as my training or not?
Pl. on urgent basis have my above queries cleared as I have to fill my PCC exam form?
Thanks
Rahul Sharma
(friend of Shravan Singh)
CAclubindia
