Dear
Sir
I am working in Ltd Company (Unsystematic ) . yesterday we had meeting with our MD regarding Special allowance Jan -2013..but our MD is not willing to give SP allowance to every one ..rather he told us to include previous SP allowance in to the basic ..then who’s basic cross 6500/- Rs then do not give SP allowance to them.
Is it right? what to do?? Is there any legal issue??
Regards
Pravin .K
From India, KolhÄpur
Sir
I am working in Ltd Company (Unsystematic ) . yesterday we had meeting with our MD regarding Special allowance Jan -2013..but our MD is not willing to give SP allowance to every one ..rather he told us to include previous SP allowance in to the basic ..then who’s basic cross 6500/- Rs then do not give SP allowance to them.
Is it right? what to do?? Is there any legal issue??
Regards
Pravin .K
From India, KolhÄpur
Dear
Sir
I am working in Ltd Company (Unsystematic ) . yesterday we had meeting with our MD regarding Special allowance Jan -2013..but our MD is not willing to give SP allowance to every one ..rather he told us to include previous SP allowance in to the basic ..then who’s basic cross 6500/- Rs then do not give SP allowance to them.
Is it right? what to do?? Is there any legal issue??
Regards
Pravin .K
From India, KolhÄpur
Sir
I am working in Ltd Company (Unsystematic ) . yesterday we had meeting with our MD regarding Special allowance Jan -2013..but our MD is not willing to give SP allowance to every one ..rather he told us to include previous SP allowance in to the basic ..then who’s basic cross 6500/- Rs then do not give SP allowance to them.
Is it right? what to do?? Is there any legal issue??
Regards
Pravin .K
From India, KolhÄpur
Dear Pravin,
I understand your predicament, but unfortunately, there is little you can do. The Managing Director representing the company is trying to avoid further statutory compliances to save on CPF outgo. Try educating the management on the broader goals of employee welfare and harmonious relations with employees and its positive impact on enhanced productivity. Such companies will hamper your growth, so look out for better opportunities.
Warm regards.
From India, Delhi
I understand your predicament, but unfortunately, there is little you can do. The Managing Director representing the company is trying to avoid further statutory compliances to save on CPF outgo. Try educating the management on the broader goals of employee welfare and harmonious relations with employees and its positive impact on enhanced productivity. Such companies will hamper your growth, so look out for better opportunities.
Warm regards.
From India, Delhi
Respected Raj Kumar Sir,
Thank you for your valuable reply. Today afternoon, we had a discussion with our MD and ED, but no one is ready to listen to anything from our side. They think we were wasting money on DA twice a year. So, if we follow the instructions and make changes in the salary breakup:
1. Will there be any legal issues in the future if we make these changes?
2. Is there any law regarding the applicability of Dearness Allowance?
Regards
From India, KolhÄpur
Thank you for your valuable reply. Today afternoon, we had a discussion with our MD and ED, but no one is ready to listen to anything from our side. They think we were wasting money on DA twice a year. So, if we follow the instructions and make changes in the salary breakup:
1. Will there be any legal issues in the future if we make these changes?
2. Is there any law regarding the applicability of Dearness Allowance?
Regards
From India, KolhÄpur
Not paying DA to those whose salary exceeds Rs. 6500 is unfair. If you have a pattern of salary with DA as a component, it should be applicable to all, irrespective of salary. Moreover, I cannot understand the significance of 6500 in this context. There can be different types of DA for various categories of people; for example, Variable DA for workers and fixed DA for officers. However, imposing a salary cap for the payment of DA is not fair.
Madhu.T.K
From India, Kannur
Madhu.T.K
From India, Kannur
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