Please go through the below mentioned defination:-
Wages means all remuneration capable
of being expressed in terms of money, which
would, if the terms of contract of employment,
express or implied, were fulfilled, be payable to
a person employed in respect of his
employment or of work done in such
employment. It includes house rent allowance
but does not include the value of any house
accommodation, supply or light, water, medical
attendance or other amenity or service excluded
by general or special order of appropriate
Government; contribution paid by the
employer to Pension/ Provident Fund or under
scheme of social insurance; traveling
allowance or value of traveling concession;
sum paid to the person employed to defray
special expenses entailed on him by the nature
of his employment; or any gratuity payable on
discharge.
Hence Basic salary may be Rs. 2000/- to fullfill the minimum wages act
From India, Bhopal
2Wages means all remuneration capable
of being expressed in terms of money, which
would, if the terms of contract of employment,
express or implied, were fulfilled, be payable to
a person employed in respect of his
employment or of work done in such
employment. It includes house rent allowance
but does not include the value of any house
accommodation, supply or light, water, medical
attendance or other amenity or service excluded
by general or special order of appropriate
Government; contribution paid by the
employer to Pension/ Provident Fund or under
scheme of social insurance; traveling
allowance or value of traveling concession;
sum paid to the person employed to defray
special expenses entailed on him by the nature
of his employment; or any gratuity payable on
discharge.
Hence Basic salary may be Rs. 2000/- to fullfill the minimum wages act
From India, Bhopal
Dear All , Basic+VDA can not less than from minimum wages as per working nature of worker.and you can not bifurcate the minumum wages. Shekhar Singh HR Manager
From India, Lucknow
From India, Lucknow
HRA is a part of wages (Basic + DA )as per minimum wages Act. In Maharashtra, there is seperate Act for payment of HRA. query- whether HRA be paid apartfrom Basic + DA notified by state of Maharashtra or not. any case law in this regard pls. Rgds Laxman
From India, Pune
From India, Pune
I would really like to have some insights or copy of SOH on one of the HRM function which is Operative Function. That is how this function operates both theory and practical.
Thank you so much for your help in advance.
From Papua New Guinea, undefined
Thank you so much for your help in advance.
From Papua New Guinea, undefined
Minimum Wages law is applicable in Staff salary?? My Basic Salary is not even 50% of minimum wages.
From India, Ankleshwar
From India, Ankleshwar
Does it mean that we keep changing the BASIC every 6 month even if someone's total salary (Basic + HRA + TA + Other Fixed allowances + Variable Performance Allowance) is greater than Minimum Wage?
Dear Team, can you please send me the Minimum wages for Lead Industry (Metal industry) unskilled labours. regards, S.Karthick
From India, Chennai
From India, Chennai
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