Sagar Tayade (A/c Officer) 11 August 2012

Notice pay salary:basic or gross

Hi, Please advise on following Issue:

Our employee has resign from company without serving full notice period.

1) What salary he has to pay due to not serving NOTICE PAY (Basic Or Gross)?

2) Company has a policy for leave encashment on Basic Pay.

Please advise

V. VASUDEVAN (LEGAL COUNSEL) 11 August 2012

Notice pay is Basic + Dearness Allowance.

Vasudevan

Sagar Tayade (A/c Officer) 13 August 2012

Thanks but many people say he has to pay on Gross Amt?

Pls guide?