26 Days Minimum Wage Rule

Minimum wages in Maharashtra are declared for the month. As such, you can follow one of the two methods:1) Divide minimum wages by 26 for one day's minimum wage. Pay them for the days the employee works, excluding the weekly off.2) Divide minimum wages by 30 for...

Respected Umaakanthan.M Sir,With reference to your post, I would like to ask if it is required to obtain a copy from the labor office where it is prescribed that the monthly days for calculation can be 30/31\. I was unable to find any such document where it is p...

When the employment is covered by the Minimum Wages Act, 1948, the day of the weekly off is a paid holiday. For the sake of clarity, one should refer to Sec. 30 of the MW Act, 1948, which deals with the power of the Appropriate Govt to make Rules under the Act. ...

Minimum wages as per state rules per month divided by "n".Where n = number of days, it may be 30/31/28 as per calendar days or 26 (net working days), depending on which method achieves the per day wages rate.In most cases for daily wages workers, payment is made...

Dear Sir/Madam,I wish to know if the wages for employees are to be calculated on 26 days or 30/31 days. This is required as being a manpower provider, most of my employees are in the minimum wages bracket, and hence if daily wages are calculated on 26 days, then...

Dear seniors,Good evening.Recently, I have joined a company, and starting from 15th March 2017, ESIC is applicable. The company is basically a showroom and falls under the Shops and Establishments Act.Up until now, they have been dividing the total salary by 26/...

There are two legal ways to calculate daily wages. One, by dividing the declared wages by 26 days; and two, by dividing wages by the actual days of the month. In the case of the former, weekly off days will not be paid; in the case of the latter, the weekly off ...