Dear All
I want to understand whether HRA is a part of minimum wages as defined in MW Act.
I understand that HRA has to be 5% of Basic+DA.Pl. let me know Under which notification,this has been notified in Maharashtra.
Wages as per MW Act is inclusive of all allowances. Whether HRA can be included to arrive at Minimum wages.
Thanks
Suresh
From India, Nagpur
10I want to understand whether HRA is a part of minimum wages as defined in MW Act.
I understand that HRA has to be 5% of Basic+DA.Pl. let me know Under which notification,this has been notified in Maharashtra.
Wages as per MW Act is inclusive of all allowances. Whether HRA can be included to arrive at Minimum wages.
Thanks
Suresh
From India, Nagpur
Hi ,
Even i need info on min wages,Let me know what all components can be taken for min Wages ,Is it only basic what we should check to match with the Min wage ceiling or Hra and other allowances also to be considered.
Need advise and any reference from where i can get these details.
Viranchi
From India, Hyderabad
Even i need info on min wages,Let me know what all components can be taken for min Wages ,Is it only basic what we should check to match with the Min wage ceiling or Hra and other allowances also to be considered.
Need advise and any reference from where i can get these details.
Viranchi
From India, Hyderabad
hey Seniors , Looking for the info on min Wages............ Advise required .......from labour laws experts.......... Viranchi
From India, Hyderabad
From India, Hyderabad
Hi According to Minimum wages act it talks only about Basic+DA It means minimum wage is just Basi+ DA no other components
From India, Bangalore
From India, Bangalore
Dear Vasu
As far as I know the Minimum wages state that that that much money is to be paid to him. It does not state that the basc should be the amount mentioned in the Minimum Wages. Moreover there is no restriction of what the basic pay is but overall the amount should be the amount of minimum wages to be paid to him on the category he is working.
Request the other members to correct me if i am wrong and also atleast motivate me if I am correct so that I may continue wth this help.
Thanks
From India, Calcutta
As far as I know the Minimum wages state that that that much money is to be paid to him. It does not state that the basc should be the amount mentioned in the Minimum Wages. Moreover there is no restriction of what the basic pay is but overall the amount should be the amount of minimum wages to be paid to him on the category he is working.
Request the other members to correct me if i am wrong and also atleast motivate me if I am correct so that I may continue wth this help.
Thanks
From India, Calcutta
If any one tell me that HRA is compulsory ..And what is HRA minimum limit%
Also tell the component of ctc with minimum LIMIT% in UTTARPRADESH& Also for other states...If possible send me a good format...
I shall be honestly very greatful to all the members......
Basic=
HRA=
DA=
Other Allowance=
Conveyance=
ESI=
PF=
TDS=
Professional Tax=
Bonus=
Gross Salary=
Regards,
Deepak
From India, Calcutta
Also tell the component of ctc with minimum LIMIT% in UTTARPRADESH& Also for other states...If possible send me a good format...
I shall be honestly very greatful to all the members......
Basic=
HRA=
DA=
Other Allowance=
Conveyance=
ESI=
PF=
TDS=
Professional Tax=
Bonus=
Gross Salary=
Regards,
Deepak
From India, Calcutta
dear
payment of HRA is not compulsary at all.however in case of employees getting salary at heigher range we take income tax point in consideration.for income tax point of view ,pay 40 percent as HRA because tax can be exmptedon same.
tks
j s malik
From India, Delhi
payment of HRA is not compulsary at all.however in case of employees getting salary at heigher range we take income tax point in consideration.for income tax point of view ,pay 40 percent as HRA because tax can be exmptedon same.
tks
j s malik
From India, Delhi
well HRA is the House rent allowance given to the employee. It is the part of the salary but it is not mandatory for the employer to give the hra as component of the salary...yes it is included in the ESI deduction.
thanks
From India, Jammu
thanks
From India, Jammu
If any one tell me that HRA is compulsory ..And what is Basic & HRA minimum limit% As per Panjab Minimum Wages Act Regards, Syamala
From India, Hyderabad
From India, Hyderabad
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Delhi - Minimum Wages w.e.f. 01.10.2012 (1).pdf
Minimum Wages in Maharashtra for the period January 2018 to June 2018.xls