If a permanant workmen works for 18 days in a month. How is his wage computed?? Should it be "18/26*(Monthly Wages)" or "18/30x(Monthly Wages)"???
Is there any specific act which states the method to be used for prorated wage computation in India?
Sonjoy Dahal (Consultant) (29 Points)
05 November 2015If a permanant workmen works for 18 days in a month. How is his wage computed?? Should it be "18/26*(Monthly Wages)" or "18/30x(Monthly Wages)"???
Is there any specific act which states the method to be used for prorated wage computation in India?
AMBUJ SHARMA
(CHARTERED ACCOUNTANT)
(243 Points)
Replied 06 November 2015
It should be based on 30/31days in the month. Sunday/holiday fall between leave is also considered as a leave.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)