HRD200
2

what should be salary format for minimum wages salary... should be it take home salary for workers.?
From India, Jamnagar
jitendersyadav
68

minimum wages does not mean take home salary. That will be gross wages & take salary would be after deductions of statutory dues.
Upto Minimum wages, bifurcation not allowed for the purpose of PF deduction.
Please refer the attachment.
Rgds/Jitender

From India, New Delhi
Attached Files (Download Requires Membership)
File Type: jpg PF Bifurcation.jpg (296.6 KB, 454 views)

jitendersyadav
68

This woul be the CTC as per minimum wages i.e. 6118/- : -
Monthly Annual
Basic 6118 73416
HRA 0 0
Convey 0 0
Spl Allw 0 0
Metro All 0 0
GROSS 6118 73416
ESI 107 1284.78
PF 734 8809.92
Bonus 510 6115.5528
LTA 0 0
Medical 0 12000
Gratuity 294 3530
Superannuation 0 0
1645 31740
CTC 7763 105156

From India, New Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.