Hi All,

Can anyone help me with the category in which employees of an IT firm would fall in the Shops and Commercial Establishment list of Karnataka, 2013-14? Is there a minimum basic pay defined? If there is a minimum basic pay, is it okay to rework on the other salary components so that the CTC would remain the same?

From India, Bangalore
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Hi,

IT industries in Karnataka fall under the Karnataka Shops & Commercial Establishments Act, and there are no subcategories.

As per the Karnataka Shops & Commercial Establishments Act, there are minimum wages for all types of industries, and we should adhere to them. We must ensure that the basic wage is not lower than the minimum wages specified by the act. Other components should be adjusted accordingly.

From India, Bangalore
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Hi Enclosed is the minimum wages for various categories for Karnataka shops act
From India, Bangalore
Attached Files (Download Requires Membership)
File Type: pdf KARNATAKA%20MINIMUM%20WAGES%202013-14.pdf (296.8 KB, 364 views)

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In adjusting various components, remember that you can not reduce the gross salary and you can not reduce the salary to pay for PF
From India, Mumbai
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