1. What is Per Day Salary Calculation?

Per Day Salary Calculation is a method used in India to determine daily wages based on monthly basic salary, typically calculated by dividing the monthly salary by 26 working days as per common industry practice.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• \( Monthly\ Basic\ Salary \) — Gross monthly basic salary in INR
• \( 26 \) — Standard number of working days per month
• \( Daily\ Salary \) — Calculated daily wage in INR

Explanation: This calculation assumes a standard 26 working days per month, which is commonly used in Indian payroll calculations for daily wage computation.

3. Importance of Daily Salary Calculation

Details: Daily salary calculation is crucial for determining per day wages, calculating leave encashment, computing partial month salaries, and for contractual or temporary employment arrangements.

4. Using the Calculator

Tips: Enter your monthly basic salary in INR. The calculator will automatically compute your daily salary based on 26 working days per month.

5. Frequently Asked Questions (FAQ)

Q1: Why divide by 26 days specifically?
A: 26 days is commonly used in Indian payroll systems as it accounts for 4 Sundays off per month, making it a standard for daily wage calculations.

Q2: Is this calculation applicable for all employees?
A: This method is typically used for calculating daily wages for monthly-rated employees. Actual working days may vary by company policy.

Q3: Does this include allowances and bonuses?
A: This calculation is based on basic salary only. For comprehensive daily wage calculation, other components may need to be considered separately.

Q4: Can this be used for leave encashment?
A: Yes, this daily rate is commonly used for calculating leave encashment and other per-day computations.

Q5: What if my company uses different working days?
A: Some companies may use different denominators (like 30 days). Always check with your HR department for company-specific calculations.