var.shri
The amount which is mentioned in minimum wages act should be considered as Basic or in hand ?

Shrikant_pra
264

Minimum wages or any wage means the gross wages. Minimum wages adherence will depend on the rate of wages, & not wages earned.
From India, Mumbai
Nagarkar Vinayak L
619

Dear colleague,
The wages prescribed under the Min Wages Act, are the rates of wages and not take-home wages meaning statutory deductions such as ESI, PF, prof tax etc are required to be made from it.
Regards
Vinayak Nagarkar
HR-Consultant

From India, Mumbai
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