Daily Salary Formula:
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The daily salary calculation converts a monthly salary into an equivalent daily rate by dividing the monthly amount by 30 days. This is commonly used in India for various payroll and employment calculations.
The calculator uses the simple formula:
Where:
Details: Daily salary calculation is important for determining per-day wages, calculating partial month salaries, overtime payments, and for various labor law compliance requirements in India.
Tips: Enter your monthly salary in INR (must be greater than 0). The calculator will automatically compute your daily wage based on the standard 30-day month used in India.
Q1: Why divide by 30 days?
A: In India, 30 days is the standard period used for salary calculations regardless of the actual number of days in a month.
Q2: Is this the same as per-day wage for casual workers?
A: No, this calculates an equivalent daily rate from monthly salary. Actual per-day wages may differ based on employment contracts.
Q3: Does this include deductions?
A: No, this calculates gross daily salary before any deductions like PF, taxes, etc.
Q4: How accurate is this for months with 31 or 28 days?
A: The 30-day standard provides consistency for payroll calculations regardless of calendar month length.
Q5: Can I use this for part-time salary calculations?
A: Yes, if you know the monthly equivalent of your part-time salary, you can calculate the daily rate.