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Salary Head

This query is : Resolved 
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(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
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K V Subba Rao

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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
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
01 February 2009 Fully agree with Mr. Rao's reply.
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