Leave Policy - Salary Processing

nilambhatt

hi
i am following Maharashtra minimum wages act 1948 for salary processing and statutory formalities.
i am charging 7.69 % on basic + special allowance to the principal employee and wanted to calculate leave wages for engaged employees as per leave register format under the minimum wages act 1948 table with formula at the earliest
thanks & regards
nilam bhatt

forevertruely

Dear Nilam Bhatt,
How did you come up with this figure of 7.69% to calculate the leave amount? Kindly give me details the factors that you took in account.

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