CA Day celebration 2024 Easy Office
LCI Learning

PAYROLL CALCULATION

This query is : Resolved 

31 October 2007 Sir,
01. One of the advocate suggested our HR Manager to calculate the salary on the number of days as per the month(Feb - 28, then 30, and 31) But as per my knowledge, as per rule, we have to take 26days for calculation.

02. HRA - If i work for 10 days, then what will be the HRA if I am eligible for HRA Rs.6000/- a month?

Pleas advice me in the above regarding.

Regards
Hari

31 October 2007 Salary is always calculated on the basis of 26 days. Only for Gratuity under any other cases (unregistered)it is taken as 30 days.

01 November 2007 For gratuity also, the salary calculation is for 26 days only and not thirty days.


01 November 2007 It will not change STATE wise ? As the Consultant says that, its the way to calculate in Karnataka.

01 November 2007 No change as Income Tax Act is applicable all over India.

01 November 2007 Gratutitu for Gratuity Act is 26 days and not all. Others (unregistered) is 30 days.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query