From the followinginformation of a factory, find out the amount of net wages payable in cash and also find out the cost wages for march ,
2017) Salary per month
From the following information of a factory, find out the amount of net
ages payable in cash and also find out the cost of wages for March, 2017.
Rs. 60,000
(2) Dearness allowance
125% of salary
(3) Total amount deposited to P. F.
Rs. 12,000
(4) Total amount deposited to E.S.I.
Rs. 4,500
(5) Expenses on amenities to employees
Rs. 4,000
(6) House rent recovered from 25 employees at the rate of Rs. 200 per month.
Employer's contribution to P.F. is at equal rate with employee's contribution,
stile the ratio of employer's and employee's share into the contribution to E.S.I.
12:1.
2007
Answers
Answered by
0
Answer:
The Government of India set up the Pay Commission to recommend changes in salary structure of central government employees. So far, seven pay commissions have been set up since India received its independence to review and recommend changes on pay structure of all civil and military servants of the Government of India. P. Chidambaram, the then Former Finance Minister announced that the 7th Pay Commission was approved by the then Prime Minister, Manmohan Singh and that it will be implemented by January 2016. However, due to some obstacles, the 7th Pay Commission was not implemented by.
Answered by
0
Explanation:
Your question is kinda wrong.
Well its 2:1 and not 12:1
I hope you got it..
Attachments:
Similar questions