Dear All, can any one provide the notification which says that minimum wages is equal to basic salary if we make ctc for any contractual employees. regards Saurabh
From India, Mumbai
From India, Mumbai
Please review the attached copy of the judgment. It is clearly mentioned that PF deduction should be based on the minimum basic salary. Therefore, it is necessary to maintain the basic salary or basic salary + DA (if applicable) at least at the minimum wage rate as prescribed by the respective state government.
From India, Delhi
From India, Delhi
Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.