MEANING OF LAST DRAWN SALARY


Dear ALL

 

In my notice period it is written that ou have to give three months notice to company else a sum equivalent to 3  months gross remuneration payable by company to the employee calculated on the basis of the remuneration last paid by comp. to employee.

And somewhere it is also written as 3 months gross remuneration calculated at the rate of remuneration drawn during the last month.

What wold be last drawn salary if i take leave and draw a salry only 25000 instead of 50000 and after receiving salary gives notice to company.

Thanks in advance

 
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BE/ LLM in Corporate Laws

The Salary consists of the following heads :-

1. Gross Payment  2. Deductions   3. Nett Payment.

If you take a leave, your Gross Salary will remain unchanged. The deductions on account of leave will be shown in the deduction head.

So, even if you take leave for full 30 days, your gross remuneration head will not change. Only the Deduction & Nett Payment Head will change.

 
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