How are Employee salaries calculated?

Your total yearly take-home salary = gross salary – total deductions = ₹9.50 lakhs – ₹48,700 = ₹9,01,300. Now, your monthly take-home salary = annual salary/12 = ₹9,01,300/12 = ₹75,108. To do away with the tedious calculations, most people prefer the take-home salary calculator in India.

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What is a class employee?

Class of employees means a number of employees considered as a group because they are employed to perform similar duties , are employed in the same type of program, or share other similarities related to the nature of the work being performed. (b) One employee shall not be considered a class of employees.

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