Queries regarding earnings calculation

[cgohil]

Hi,

I am going to apply for my HSMP PBS 1 next month. I have queries to be clarified for my earnings.

I have resigned for my previous company in the month of Jan 2008.
I got full and final settlement letter as my salary slip. In that letter I got the leave encashment amount and that amount is added in my jan month full and final settelment letter.

So should I consider leave encashment amount for calculating my earnings.

I joined anoth company in the month of Feb. From that company I got two months notice buy out amount and that too has been shown in my salary slip.

So should I consider that notice buyout amount for calculating my earnings.

Please suggest.

Chirag

[heretic]

I would think so as it is all taxed money by reason of your employment (be it - notice buy out or holiday encashment) - all good to be counted towards your Tier 1 salary requirement - I would assume......

[push]

Hi,

So should I consider leave encashment amount for calculating my earnings.

I joined anoth company in the month of Feb. From that company I got two months notice buy out amount and that too has been shown in my salary slip.

So should I consider that notice buyout amount for calculating my earnings.

Please suggest.

Chirag

Yes you should. The guidelines say - it needs to be the gross amount - and can include bonus etc.

regards,

push_hsmp

[push]

Incidentally, I too included the leave encashment amount. Just that I got my EC last year but I would presume, there has been no change in the way the earnings are calculated.

regards,

push_hsmp

[cgohil]

Incidentally, I too included the leave encashment amount. Just that I got my EC last year but I would presume, there has been no change in the way the earnings are calculated.

regards,

push_hsmp

You are suggesting to count that notice buy out amount and leave encashment amout for my earning calculation.

chirag