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
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1From India, Pune
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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
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From India, New Delhi
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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 the 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.
The rate of contribution payable by a member shall be at 12% of his emoluments. A member can contribute statutorily over and above the prescribed rate. A member is entitled to various benefits and facilities such as withdrawals, advances, pensions, death insurance, etc.
From India, Bangalore
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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 the 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.
The rate of contribution payable by a member shall be at 12% of his emoluments. A member can contribute statutorily over and above the prescribed rate. A member is entitled to various benefits and facilities such as withdrawals, advances, pensions, death insurance, etc.
From India, Bangalore
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Hi Neha,
This is the link where you can find the latest wage rates and also visit the Delhi government labor site where you can find the wage rates with amendments: https://www.citehr.com/46299-delhi-m...#axzz17P16jVe9.
Thanks,
Pamrod
From India, New Delhi
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This is the link where you can find the latest wage rates and also visit the Delhi government labor site where you can find the wage rates with amendments: https://www.citehr.com/46299-delhi-m...#axzz17P16jVe9.
Thanks,
Pamrod
From India, New Delhi
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