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Calculate compensation of employees from the following data bonus rs.1000, basic salary rs. 15000, dearness allowances rs. 15000, rent free accommodations rs. 3000, loan at conclusion rate of interest rs. 500, employees contribution towards social security schemes rs. 300, employers contribution towards social security schemes rs. 300?
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Calculate compensation of employees from the following data bonus rs.1...
Compensation Calculation for Employees

Given Data:
- Bonus: Rs. 1000
- Basic Salary: Rs. 15000
- Dearness Allowances: Rs. 15000
- Rent-free Accommodations: Rs. 3000
- Loan at Conclusion Rate of Interest: Rs. 500
- Employee's Contribution towards Social Security Schemes: Rs. 300
- Employer's Contribution towards Social Security Schemes: Rs. 300

Calculation:
1. Total Earnings:
- Basic Salary + Dearness Allowances + Bonus = Rs. 15000 + Rs. 15000 + Rs. 1000 = Rs. 31000
2. Total Deductions:
- Rent-free Accommodations + Loan Interest + Employee's Contribution towards Social Security Schemes = Rs. 3000 + Rs. 500 + Rs. 300 = Rs. 3800
3. Net Compensation:
- Total Earnings - Total Deductions = Rs. 31000 - Rs. 3800 = Rs. 27200

Final Compensation:
- The final compensation for the employees after considering all the earnings and deductions is Rs. 27200. This amount represents the total amount the employee will receive after all the necessary deductions have been made.
By following the above calculation, the compensation for the employees can be accurately determined.
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Calculate compensation of employees from the following data bonus rs.1000, basic salary rs. 15000, dearness allowances rs. 15000, rent free accommodations rs. 3000, loan at conclusion rate of interest rs. 500, employees contribution towards social security schemes rs. 300, employers contribution towards social security schemes rs. 300?
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Calculate compensation of employees from the following data bonus rs.1000, basic salary rs. 15000, dearness allowances rs. 15000, rent free accommodations rs. 3000, loan at conclusion rate of interest rs. 500, employees contribution towards social security schemes rs. 300, employers contribution towards social security schemes rs. 300? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Calculate compensation of employees from the following data bonus rs.1000, basic salary rs. 15000, dearness allowances rs. 15000, rent free accommodations rs. 3000, loan at conclusion rate of interest rs. 500, employees contribution towards social security schemes rs. 300, employers contribution towards social security schemes rs. 300? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Calculate compensation of employees from the following data bonus rs.1000, basic salary rs. 15000, dearness allowances rs. 15000, rent free accommodations rs. 3000, loan at conclusion rate of interest rs. 500, employees contribution towards social security schemes rs. 300, employers contribution towards social security schemes rs. 300?.
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