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Calculation of Salary on 30 days basis or 31 days basis for a regular staff

Vikram Paswan (Accountant) (37 Points)

10 February 2024

Dear Friends,

Recently, I joined an organisation on 8th January 2024. My CTC is INR 50,000/- per month. And they gave me salary INR 38,709/- on the basis of 31 days calculation. Is this correct?

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48 Replies

jacinthamary (accountant) (874 Points)
Replied 10 February 2024

Yes. Correct. Since Jan has 31 days. If it feb then it will be calculated for 28 days or 29 days

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 10 February 2024

Is this correct?

It's based on Your appointment...

What about the details in Your appointment letter with CTC...??!

Vikram Paswan (Accountant) (37 Points)
Replied 10 February 2024

CTC is INR 50,000/- per month. Leave as per organisation policy. No other benefits.

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 10 February 2024

@ Mr Vikaram,

Please check Your Salary structure as per in the Appointment Order...
The said salary for 30/31 days or 26 days...

If it's shown as 30/31 days then the salary is correct.
If it's shown as 26 days then the salary is incorrect...

Vikram Paswan (Accountant) (37 Points)
Replied 10 February 2024

Thanks for your reply, But as I mentioned earlier it is written CTC 50,000/- only. Nowhere written 26/30/31 days basis.

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 10 February 2024

Ohh okay...

Better to discuss with Your employer for this kind of issues.

Generally Salary calculated with 26 days.
But, Check out the follow up in Your employer's terms...

As per Your query, It's can be cleared
Only way through Your Employer...

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 10 February 2024

Just check the terms and conditions for deduction of salary. If deduction is on day basis then calculation made on the basis of number of days in the particular month.

Vikram Paswan (Accountant) (37 Points)
Replied 12 February 2024

You mean 31 days calculation is correct for January 2024.

RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 12 February 2024

Originally posted by : Vikram Paswan
	You mean 31 days calculation is correct for January 2024.

I'm not said that's correct...

Please read My reply once again...

Salary will be calculate 26days basis.

If Your employer calculate with 31days then ask them for this and future salary foe working.

CA Rashmi Gandhi (Chartered Accountant) (86323 Points)
Replied 12 February 2024

Yes 31 days calculation is correct.

Salary received is Rs. 38709 i.e. 50000/31*24

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RAJA P M ("Do the Right Thing...!!!") (128091 Points)
Replied 12 February 2024

What is this bad reply @ Rashmi Gandhi...??

He is not asking this calculation like one + one is two is this correct or not...!!!

He asked the salary divided into 31 days is correct or not...