hello Can any body tell me what is the current minimum wage rate for labour. and what is benefit of provident fund and its applicable rate after deducting tax. thanx
From India, Pune
1From India, Pune
Hello Neha, You didn’t mention, "which state you are required to know miminum wage rate?" Because each state follows different wage rate. Kindly be clear about your state. Thanks Parmod Kumar
From India, New Delhi
From India, New Delhi
With effect from November 2009, the National Floor Level of Minimum Wage has been increased to Rs 100 per day from Rs 80 per day (which was in effect since 2007).
Enrolment: An employee is eligible for membership from the day he joins the covered establishment.
If the employee’s emoluments exceed Rs. 6,500/- per month, he has the option to join the Scheme(s) with the consent of employer.
Declare previous employment details, if any, in Form No. 11 to the employer.
On becoming a member of the Schemes file details in Form No. 2 ( family particulars/ nominations) through the employer.
Rate of contribution payable by a member shall be @ 12% of his emoluments.
A member can contribute statutarily over and above the prescribed rate.
A member is entitled to various benefits & facilities such as withdrawals, advances, pensions, death insurance etc.
From India, Bangalore
Enrolment: An employee is eligible for membership from the day he joins the covered establishment.
If the employee’s emoluments exceed Rs. 6,500/- per month, he has the option to join the Scheme(s) with the consent of employer.
Declare previous employment details, if any, in Form No. 11 to the employer.
On becoming a member of the Schemes file details in Form No. 2 ( family particulars/ nominations) through the employer.
Rate of contribution payable by a member shall be @ 12% of his emoluments.
A member can contribute statutarily over and above the prescribed rate.
A member is entitled to various benefits & facilities such as withdrawals, advances, pensions, death insurance etc.
From India, Bangalore
Hi Neha,
this is link where you get latest wage rate and as well as go on delhigov labour site there yo can find wage rate with amendments.
https://www.citehr.com/46299-delhi-m...#axzz17P16jVe9
Thanks
Pamrod
From India, New Delhi
this is link where you get latest wage rate and as well as go on delhigov labour site there yo can find wage rate with amendments.
https://www.citehr.com/46299-delhi-m...#axzz17P16jVe9
Thanks
Pamrod
From India, New Delhi
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