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yokshitha66
I would like to know about salary structure of labour & permanent employee in our company their are paying 9818 as basic, my salary is 20,000 per month. when i ask them as per the EPF rules , labour law etc my basic should be 10000/-. No answer from them irrespective of that they are saying as per the recent schedule basic (5236)+VDA(4582) = 9818. i don't understand the meaning of 9818. Can anyone can help regarding this.
From India, Hyderabad
Shrikant_pra
264

"when i ask them as per the EPF rules , labour law etc my basic should be 10000/-."
Whoever told you this has given you incorrect information. There is no labour law on fixation of basic as % of gross salary. If your basic is decided as 9818 it is ok.

From India, Mumbai
Srinath Sai Ram
610

Dear Mr Yokshith,Your Basic & VDA is as per the Applicable Minimum Wages with specific reference to your Industry.Please go through relevant notification before concluding that company has erred.The relevant Law governing Basic & VDA is Minimum Wages Act Notification applicable to your industry.
From India, New Delhi
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