Dear Sir(s)
My question is very simple. Lets take this month - January 2019-
4 sundays, 1 holiday (26th Jan), total days in month 31. An employee getting salary 12000 /- ( no deduction what so ever). How much salary he is entitled to get ? for the month shall we take 31 days ofr 31-4 sundays -1 holiday = 26 days and divide 12000/- by it ? I want to know the rule, pls..
It is a partnership chartered accountants firm. Pls igore my earlier thread # 1
Regards,
Dev Chowdhury
From India, Kolkata
My question is very simple. Lets take this month - January 2019-
4 sundays, 1 holiday (26th Jan), total days in month 31. An employee getting salary 12000 /- ( no deduction what so ever). How much salary he is entitled to get ? for the month shall we take 31 days ofr 31-4 sundays -1 holiday = 26 days and divide 12000/- by it ? I want to know the rule, pls..
It is a partnership chartered accountants firm. Pls igore my earlier thread # 1
Regards,
Dev Chowdhury
From India, Kolkata
Dear Dev,
A C.A's firm is an establishment under the State Shops and Establishments Act. Therefore,the seventh day following six days of work should be a paid weekly holiday. Similarly, 26th January every year is a paid National holiday on a/c of the Republic day.
Besides, the universal practice for accounting purpose by convention is treating a month as a period comprising of 30 days only.
From India, Salem
5967A C.A's firm is an establishment under the State Shops and Establishments Act. Therefore,the seventh day following six days of work should be a paid weekly holiday. Similarly, 26th January every year is a paid National holiday on a/c of the Republic day.
Besides, the universal practice for accounting purpose by convention is treating a month as a period comprising of 30 days only.
From India, Salem
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