For Karnataka Service Seniority Allowance, Suppose the Basic pay is Rs. 25,000 but minimum wages Under Shops & Commercial Establishment -2018/19 for High Skilled (Zone1) is Rs. 16106 (Basic+VDA) in this scenario the SSA would be calculated on which Basic pay. Will this need to be paid every month?
Even i am looking forward answer/views for below details:-
I would like to know-
1. If minimum wage means " minimum basic" (we do not have DA as part of our structure) or "minimum gross" (gross in our org structure includes Basic, HRA, Conveyance, Special Allowance and Statutory Bonus).
2. If we go by "Shops and establishment " minimum wage for Karnataka is 15423.4 Per month (which is quite higher as compared to Rs 9836.97 for Haryana and Rs 9364 for Maharashtrata). Does it mean any employee in IT Industry in Bangalore, even at entry level, has to be paid minimum 15423.4 which is just the basic (if minimum wage means minimum basic) and adding to that to other components and PF, the Annual CTC reaches more than 3 LPA!!
From India, Bengaluru
Even i am looking forward answer/views for below details:-
I would like to know-
1. If minimum wage means " minimum basic" (we do not have DA as part of our structure) or "minimum gross" (gross in our org structure includes Basic, HRA, Conveyance, Special Allowance and Statutory Bonus).
2. If we go by "Shops and establishment " minimum wage for Karnataka is 15423.4 Per month (which is quite higher as compared to Rs 9836.97 for Haryana and Rs 9364 for Maharashtrata). Does it mean any employee in IT Industry in Bangalore, even at entry level, has to be paid minimum 15423.4 which is just the basic (if minimum wage means minimum basic) and adding to that to other components and PF, the Annual CTC reaches more than 3 LPA!!
From India, Bengaluru
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
The karnataka payment of subsistence allowance Act, 1988.pdf
Karnataka Leave.xlsx
Death while in service letter for pf death claim.docx