"An employee appointed on 1/1/2013 in the scale of 20000-1000-30000. What will be the salary chargeable for PY 13-14?" what does this scale thing mean ?
21 Replies
sneha
(student)
(209 Points)
Replied 27 September 2014
Yah this is in pm na even i tooo didn't understanddd even i want clarification...
Mihir
(Wealth Manager)
(5293 Points)
Replied 27 September 2014
Salary is of Rs. 20,000/-. The employee shall be eligible to receive increment of Rs. 1,000/- every year, till his salary reaches Rs. 30,000/-.
Suman Kumawat
(Article)
(612 Points)
Replied 27 September 2014
Rs 20, 000/-pm for 11 months. And Rs.21, 000/-for 1month. I.e., 221, 000 for previous year 13-14.
Suman Kumawat
(Article)
(612 Points)
Replied 27 September 2014
Sorry.. that will not b d case.. Rs 20, 000/-pm for 9months.I.e from April to December. And Rs.21, 000/-for 3month i.e. january to march.. total will come to Rs.224 ,000 for previous year 13-14.
Suman Kumawat
(Article)
(612 Points)
Replied 27 September 2014
Sorry that will not b d case.. it should be Rs 20, 000/-pm for 9months i.e from april to december. And Rs.21, 000/-for 3months I.e from January to march. Total will be Rs. 224,000 for previous year 13-14.
vikash
(articleship completed)
(28 Points)
Replied 27 September 2014
Employee will get a salary of 20000 for the month of jan,feb,march 2013 and from thenext f/y he will get 21000 .therefore salary for whole f/y 13-14 will be 21000*12=252000.
Mukesh Saini
(Accounts and Taxation)
(41 Points)
Replied 28 September 2014
From April'13 to Dec'13 salary will be Rs.20000/- pm.
and for Jan'14 to Mar'14 it will be Rs. 21000.
20000x9= 180000
21000x3= 63000
Total= 243000...
Hunny Arora
(Articleship)
(101 Points)
Replied 28 September 2014
As everybody has answered it
He will receive salary as-20000*9(april-dec)+21000*3(jan-mar)
If 2yrs case will come in exam then again after nxt dec the salary will b 22000
gopi kancharla
(student)
(29 Points)
Replied 28 September 2014
243000 is the right answer. Hello CCI , Allow qualifieds to answer the queries Rather creating confusion.
Ramakrishna
(Parnter)
(22 Points)
Replied 28 September 2014
Salary is of Rs. 20,000/-. The employee shall be eligible to receive increment of Rs. 1,000/- every year, till his salary reaches Rs. 30,000/-.
sneha
(student)
(209 Points)
Replied 28 September 2014
243000 izz right how 20000for9monthss in question he didn't specify anything they just given like this 20000-1000-30000
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