Write about time card.

A time card is a document used to record an employee’s working hours, attendance, and tasks for payroll and productivity tracking. It typically includes:

• Employee details (name, ID, department).
• Date, start/end time, and total hours worked.
• Overtime hours (if applicable).
• Supervisor’s approval.

Purpose:

• Calculate wages (hourly/daily rates).
• Monitor attendance and punctuality.
• Ensure compliance with labor laws (e.g., overtime pay).
• Facilitate accurate payroll processing.

Example: For an employee working 8.5 hours (including 0.5 hours overtime) at ₹150/hour:

• Regular pay = 8 × 150 = ₹1,200
• Overtime pay = 0.5 × (150 × 1.5) = ₹112.50
• Total wages = ₹1,312.50