I would like to know, my company wants to changes in employee's minimum basic wages as per Minimum wages ACT on 01.01.2018 but does not want any changes in net salary. So, is it possible to reduce their HRA or Conveyance or medical or other variable to meet the Net Earning as before?
From India, New Delhi
From India, New Delhi
Dear 3290ASHU,
There are changes in the conditions of service in respect of matters specified in the Fourth Schedule of ID Act. Therefore, your employer is liable to give 21 days notice of change under section 9A of ID Act, to effect such changes.
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From India, Mumbai
There are changes in the conditions of service in respect of matters specified in the Fourth Schedule of ID Act. Therefore, your employer is liable to give 21 days notice of change under section 9A of ID Act, to effect such changes.
.................................................. ...................................
.
From India, Mumbai
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