Free Essays on Dearness

  1. excal assignment

    basis of Basic pay. The Gross salary of an employee consists of Basic Pay, Dearness Pay (D.P) and House Rent Allowance (H.R.A). The components of salary are computed according to the following terms of contract of service: Dearness Allowance is paid @10% of basic pay subject to a maximum of Rs. 5400 HRA...

  2. LIC Of India Employees Pension Rules 1995

    payment of dearness allowance; and (iii) fixed personal allowance not exceeding the last increment in the scale of pay; if any, and (iv) in a case covered by the proviso to clause (j) or where the salary and other conditions have been fixed with the approval of the Central Govt., the dearness allowance...

  3. Blaaa Blaa Bla

    off the product to the next multiple of 10. The fixation has been done as elaborated below -pre-revised Basic Pay of Rs.6500/-, -dearness pay of Rs.3250/- and -Dearness Allowance - Rs.2340/- (DA @24% as on 01.01.2006) [Rs.6500+ Rs.3250+ Rs.2340= Rs.12090 or Rs.6500*1.86=Rs.12090/- ] ...

  4. significance of allowances an overview of its relation underhead salary

    taxable in hands of assessee if no specific exemption is given under income tax act/rules. Allowances are of three types (a) Taxable Allowances: Dearness allowance, Medical allowance, Servant allowance, Warden Allowance, Family allowance, City Compensatory allowance etc. (b) Allowances exempt upto...

  5. Problem Rising of Prices in India

    the traders meet out the problem of dearness by earning larger profits. The labour class too charges high wages and has a low standard of living, so they, too, anyway cope with the rising prices. But the salaries often remain fixed. The rate of increase in dearness allowance is so low that it hardly...

  6. layoff

    himself, he shall not be deemed to have been laid- off for the second half of the shift for the day and shall be entitled to full basic wages and dearness allowance for that part of the day;] Rights and Obligations Resulting from lay-off Layoff is not a right conferred upon the employer but an obligation...

  7. CIPD

    receives on a regular basis, either in the form of a salary or as wages. The second component is allowances such as house rent allowance (HRA), dearness allowance (DA) and city compensatory allowance (CCA). The third component is incentive pay designed to reward employees for good performance, e.g...

  8. computer practical questions

    Prepare a generalized worksheet to produce a Pay Roll Statement for the month of March, 2009 with headings – Sl. No., Name of Employee, Basic Pay, D.A(Dearness Allowance), HRA (House Rent Allowance), Gross Salary, PF (Provident Fund), I.Tax and Net Salary from the following information: i) There are five...

  9. Indian Consumer

    laid-off, except for such weekly holidays as may intervene, compensation which shall be equal to fifty per cent, of the total of the basic wages and dearness allowance that would have been payable to him had he not been so laid-off: Provided that if during any period of twelve months, a workman is so...

  10. Jyj

    CMDs of public sector undertakings (PSU) draw a basic pay in the range of Rs 27,750-Rs 31,500. They are also entitled to get 68.8% of basic pay as dearness allowance (DA), 30% house rent allowance (HRA), 30% statutory allowance, 30% fitment benefit and 50% other allowances. So, for example, if a PSU CMD...

  11. Hobby

    foRr ea=ky;] Hkkjr ljdkj i= fnukad 24-07-2010 }kjk lHkh {ks=h; xzkeh.k cSadks dks funsZ’k fn;s x;s Fks fd %& 01. Pay Scales and Dearness Allowances : Pay Scales and Dearness Allowances of RRB employees as on 01.11.2007 would be equal to the corresponding categories of employees of the nationalized commercial...

  12. inflation in india

    public – Net non-monetary liabilities – Net non-monetary liabilities M4 - M3 + office savings banks (excluding National Savings Certificates). Dearness Allowance  Allowance is defined as a fixed quantity of money or other substance given regularly in addition to salary for meeting specific requirements...

  13. Hr- a Project Work

    atmosphere for growth, the company offers a package of remuneration that compares with the best in the Indian Industry. It includes Basic pay, Variable Dearness Allowance, 47 % of Basic pay as Cafeteria Allowance, House Rent Allowance, Conveyance Maintenance Reimbursement, Contributory Provident Fund Unparallel...

  14. Compensation Management (Bbcm4103)

    AkzoNobel Values Akzo Nobel Vision 4 Interviewer details 5 Components of compensation Basic wages/Salaries 6 Dearness allowance 7 Incentives Bonus 7 Non-monetary benefits Commissions 8 Mixed plans 8 Fringe benefits Approaches...

  15. Global Warming

    Government of Jammu and Kashmir, Finance Department, Srinagar. Subject:Payment of Dearness Allowance t o State Government employees revised - rate effective from 01.07.2012. Reference:- Cabinet Decision No. 206/31/2012, dated 25.10.2012 Government Order ~0.24'31~ of 2012 ~ a t e d - B- 2012 s In continuation...

  16. price

    the traders meet out the problem of dearness by earning larger profits. The labour class too charges high wages and has a low standard of living, so they, too, anyway cope with the rising prices. But the salaries often remain fixed. The rate of increase in dearness allowance is so low that it hardly meets...

  17. Working Capital Management in Bajaj Allainz Life Insurance

    wage structure including Dearness Allowance ,fitment in the revised scale of pay, fringe benefits, service conditions, welfare/social security /pension, safety & other matters as contained in the different chapters of this Agreement. -22- Wages, Wage Structure and Dearness Allowance [pic] Component...

  18. mahs

       PENSION DETAILS  RECOVERIES        Basic Pension 11445 Fsfs + HF 220   Dearness / Additional Pension 0 Commutation  amount(less) 2677   Festival Advance 0 Other recovery 0 Drawing Pension 8768   ...

  19. Human Resource Notes

    increases. A rise in the cost of living is sought to be compensated by payment of dearness allowance, basic pay to remain undisturbed. Many companies include an escalatory clause in their wage agreement in terms of which dearness allowance increases or decreases depending upon the movement of consumer price...

  20. Can Euthanasia Ever Be Justified?

    life time, Incurable paralysis or even could push to comma. And could decide whether to die or to live if he is conscious or on behalf of him his dearness could do for him for the reason of releasing him from the pain. Killing someone in such unjustified way has always been a matter of open discussion...

  21. Leather Report Final

    Occupation-wise earnings of the workers employed in sample units are presented in Table 4.15(Annexure – II). The total earnings are a sum of basic wages, dearness allowance, other allowance paid to the workers like travelling, house rent, over time and concession in kind paid to the workers during the reference...

  22. Atomic Research Centre

    government. The scales of pay attached to different posts are also listed. Apart from the basic pay the officers/employees are eligible for Dearness Pay, Dearness Allowance, City Compensatory Allowance, House Rent Allowance etc. as per the orders of the Government of India. The activities of the Centre...

  23. Thomas Paine

    Prompt: According to Thomas Paine, “That which we obtain too easily, we esteem too lightly. It is dearness only which gives everything its value.” Early in my life, I was taught to work for what I have and to have what I work for. I was taught if I did not earn what I have that it would be less appreciated...

  24. Essey

    his life style and wants to improve his standard of living. The side effect of this progress and luxurious life style are the pollution, stress and dearness. It has been very difficult for oneself of meet his expenses in the city life. so in order to meet the expenses, both man and woman have to work for...

  25. 50 Something Book

    live with your family or in your own house. Under Section 10(13A), HRA is exempt to the least of the following: i) 50/40 per cent of basic salary= Dearness Allowance (if, applicable), ii) excess of rent paid over 10 per cent of basic salary; and iii) actual HRA received. Lets illustrate this calculation...

  26. Collective Bargaining

    periodical pay hikes. It is structured based on the position of an individual in the organization and differs from grades to grades. Dearness allowance:- The payment of dearness allowance facilitates employees and workers to face the price increase or inflation of prices of goods and services consumed by...

  27. Income Tax

    60,000 PM * Medical allowance 8,000 PM * House rent allowance 12,000PM * Dearness allowance 6,000 PM * Company has given a car for his personal use having cost Rs. 700,000. * He is the owner of a house which was previously...

  28. Hr Poliies

    rather than department code. So that they can give their opinion openly on the satisfaction level without any pressure or fear.PAY STRUCTUREo Salaryo Dearness Allowances.(DA)o House Rent Allowances.(HRA)o City Compensation Allowances.(CCA)o Reimbursement of Medical Expenseso Traveling and Daily Allowances...

  29. Full Forms of Banking Terms....

    CRR: Cash Reserve Ratio · CSIR: Council of Scientific and Industrial Research · CST: Central Sales Tax · CTT: Commodities Transaction Tax · DA: Dearness Allowance; Daily Allowance · DMIC: Delhi-Mumbai Industrial Corridor · DPEP: District Primary Education Programme · ECA: Essential Commodity Act ...

  30. Team Work

    GOVERNMENT OF ANDHRA PRADESH ABSTRACT ALLOWANCES - Dearness Allowance – Dearness Allowance to the State Government st Employees from 1 January, 2011 – Sanctioned – Orders – Issued. ---------------------------------------------------------------------------------------------------------------FINANCE (PC-I)...