20 October 2010
Can someone tell me what basic salary we have to pay to workers on role for eg if an employee having gross salry of 3500/- can we keep basic as Rs 1000/- and other allownace and convey 2500/- and deduct PF on only Rs 1000/- pls advise
20 October 2010
As per the minimum wages act Rs .1000 is below the minimum daily wages (minimum daily wages *26)fixed for the worker , so this practice will be void in the views of minimum wages act , actually i 'm not mentioning minimum wages coz you have not mentioned the name of state in witch your organization is situated , please mentioned the name of state coz minimum wages is varies from sate to state than only i will be able to give correct advice
20 October 2010
State is Gujarat where minimum wage is revised to 162.4 pls suggest a worker having gross salary of Rs 4500/- and we keep basic salary say Rs 1500/- and balance 3000/- (in HRA and other allowance) and deduct PF on Rs 1500/- will there be any violoation pls advice
CAclubindia
