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Search Result For "Basic Wage" - Page 1
You can approach your local office of the Labor Department and get the required details on minimum wages.R K Nair
Hello Senior, please help. My friend has confused me in this matter - Our company has fixed the basic salary lower than the minimum wage of Haryana. However, our payable amount (net payable) to employees is higher than the minimum wage. I want to know if the bas...
Hi Amit,It's mandatory that Basic Wage should be equal to the Minimum Wages applicable for a particular state. It doesn't make any difference whether gross wages or net payable amount is more than the Minimum wages specified.Amitava
Hi Friends,I work for an MNC in Bangalore and need clarification on the Current State Wages Act. Recently, my organization changed the Salary Component Structure, stating it's as per the recent State Wages Act.Before Changes:Basic Pay -> 6500,HRA -> 2500,Special...
There is some mistake in your interpretation. The central minimum wage list is for the country as a whole, and not for each state. So you need to have another look at the documents and see what exactly you are referring to. I think you are looking at the base wa...
Please note that the fixation of minimum wages for different scheduled employments is a matter for the concerned state, and various mechanisms are being utilized by states to adjust the minimum wages over time, such as linking them to price indexes or revising t...
The basic wage payable to employees of hotels and restaurants as per the Tamil Nadu Labour Department is about Rs. 6075 per month. However, as per the central government's list on minimum wages for 2016-17 for Tamil Nadu, it is about Rs. 2570 per month (Rs. 98.8...
The Constitution of India has provided equal powers to the Union (Central Government) and State Government on the items mentioned in the Concurrent List (Labour and Employment is one in the list). India is a vast country, and every state is different from others...
I need guidance on calculating leave wages at a rate of 6.73% on earned basic salary + DA. Please assist me with this.
Dear Anand,You can refer to the Shops and Establishments Act of Telangana or AP to arrive at the figure. Paying 6.73% is nowhere correct. Employers mostly pay the full Basic + DA per day as leave wages.