Previous Earnings calculations

[tier1uk_india]

Hi,

While showing previous earnings and calculating points ,we can include Gross salary before tax.

Please help me confirm my understanding:

My payslip has 3 deductions :

T = Tax
PT = Professional Tax
PF = Providend Fund

And gross salary is G, Net Salary is N.

Currently, N = G - ( T + PT + PF)

While calculating, I should be adding 12 G's = TG
Then, TG * Pounds exchange rate on last day of earnings = TGIP (Total 12 month's gross In Pounds)

then, PE = TGIP * 5.3 (For earnings in India).
(PE= Previous Earnings)

So, I can safely compute over PE as given above. As I understand, one can include PF, PT and T (all three) in computation.


I know I'm being a bit exaggerative, but you know, please allow me to be here. !!!

[push]

Based on the above, you are correct in using 12G as your total earnings for PBS application