How is arrear calculated?

In payroll terms, arrears are basically increments of salary carried over to the month of payment from the last. Calculate the amount from the end of the previous month up to the appropriate arrears date. Subtract the amount that you have already paid until the arrears effective date.

What will be salary after 11 bipartite?

Gross Salary after 11th Bipartite Settlement : The annual wage increase in salary and allowances is agreed at 15% of the wage bill as on 31-3-2017 which works out to Rs. 7,898 crores on Payslip components. Gross Salary : The date of effect is 01.11.

How to calculate 11th bipartite arrears using aibea?

11th Bipartite Arrears Calculations using AIBEA’s Chart 2Fighting for wage revision and fighting against Banking Reforms are inseparable tasks. 2Fighting for wage revision and fighting against Banking Reforms are inseparable tasks.

How to calculate loss of pay in aibea?

On entering the data basing on the same all the fields will be AUTOMATICALLY filled. Now the user can modify the data in the arrears chart in all the cells colored Blue. The workings for the loss of pay should be done independently. Hope this will address the needs of the members.

How to calculate 11th BPS arrears in Excel?

11th BPS Arrears Income Tax 89 (1) Relief Calculator in Excel – Whenever the arrears of salary and allowances are paid, whether it pertains to salary of previous year or current year, the amount should be included while computing total income for the current financial year.

Which is the best bank arrear calculator in India?

(a)Bank Arrear Calculator ((version 3.2 ) sent by Mr Ashwani Suriof PSB ZO Amritsar Suggestions can be sent to his mail id : [email protected] (Revised version 3.2 was uploaded on 28/06/2015 ) (b)Bank Arrear Calculator – Final (version 2.1) sent by Mr Sudhir Mulherkarof BoI, HO.