What is the formula for calculating Basic Pay Earned (BPE)? |
BPE = BP × DA BPE = BP x NODM/NOEDP BPE = BP x NOEDP/NODM BPE = BP + DA + HRA |
BPE = BP x NOEDP/NODM |
The correct answer is option 3- BPE = BP x NOEDP/NODM. Basic Pay (BP) is the pay in the pay scale plus Grade Pay, but does not include Special Pay. Basic Pay Earned of an employee is the Basic Pay calculated with reference to Number of Effective Days present (NOEDP) during the month. Number of Effective Days Present (NOEDP) – is the Number of Days in a Month Minus Leave without Pay minus Unauthorised Absence, i.e. |