Monthly Salary Calculation Txt Download

it is also correct - but in my view considering 26 days main instead of calculating on 30 days 31 keep 26 as standard & also used everywhere
not including sundays but you will get full sal for 26 days only thing is that per day
sal will be more i.e. sal/ 26 * no. of days present
pl. if possible chk for 30 days same amount will come
regars,
slg
:)

Can any one tell me what is the minimum limit of Basic salary for P.F deduction in Delhi NCR. is there any circular of some written matter.

hi,
I am new to this site i want to download salary calculator but each time i am asked to log in when i am already registered with this site. plz help

Monthly Gross Salary (MGS) = Annual Gross Salary (AGS)/12. Monthly gross salary = (MGS / Number of days in that month) * (Number of days in the month - Number of LWP (Leave without pay)).

Month with 30 days with 2 LWP (Leave without pay) = (MGS/30) * (30 - 2, i.e., 28). Month with 28 days with 2 LWP (Leave without pay) = (MGS/28) * 26. Month with 31 days with 2 LWP (Leave without pay) = (MGS/31) * 29.

Conclusion: The amount for LWP for February is greater than the amount for LWP for January. That's the standard calculation for all organizations.

Dear Seniors,

I am working as an HR in an IT company. As I am new to this industry, I would require your help in calculating salary structures for the staff. I would like to know about the components and how to calculate them.

Total CTC/ Annum: 300,000 (Yearly)

Basic: 40% of CTC - 120,000
DA: 10% of Basic - 12,000
HRA: 15% of Basic - 45,000
PF: 12% of Basic + DA - 5,280
Medical Allowance: 10,000 Fixed
Travel Allowance: 50,000 Fixed
Insurance: 25,000 Fixed
Special Allowance: 32,720
Gross Salary: 300,000

I am attaching a salary sheet for detailed calculation. It contains all the elements necessary to calculate an individual's salary.

Thank you.

Calculation is very simple. If it's a 30-day month, a person's actual working days are 22 days, and actual off-days are 04. See the below example.

For example: there are 22 days attendance + 4 days weekly off = 26 days. Say the monthly salary is 20000/- PM, then the calculation will be: 20000/30 X 26 = 17333.00. Similarly, a month of 31 or 28 days will be calculated as above.

This means: Monthly Salary / Actual Days of that Month X (Actual Working Days + Actual Off Days)