Hi,
Salary Breakup as per minimum wages Delhi, having great confusion that it should be Gross salary or Basic+ DA. What are the salary components which can be used in salary bifurcation as per minimum wages.
From India,
Acknowledge(0)
Amend(0)
Salary Breakup as per minimum wages Delhi, having great confusion that it should be Gross salary or Basic+ DA. What are the salary components which can be used in salary bifurcation as per minimum wages.
From India,
Acknowledge(0)Amend(0)
We can use HRA and Basic+DA. So far my knowledge is concern, we can bifurcate M.W.
From India, Bhavnagar
Acknowledge(0)Amend(0)
From India, Bhavnagar
Acknowledge(0)Amend(0)
Hi,
As per the "Wages" definition in MW Act, all remuneration is capable of being expressed in terms of money. However, when it comes to other acts like PF, etc., authorities will insist on paying PF based on the minimum wages. Consequently, you will be compelled to allocate the entire minimum wages solely to Basic+DA.
Regards,
EVR
Acknowledge(0)Amend(0)
1As per the "Wages" definition in MW Act, all remuneration is capable of being expressed in terms of money. However, when it comes to other acts like PF, etc., authorities will insist on paying PF based on the minimum wages. Consequently, you will be compelled to allocate the entire minimum wages solely to Basic+DA.
Regards,
EVR
Acknowledge(0)Amend(0)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.