Dear Senior, I have a query related Minimum Wages Return (FORM-III) Sr.No. 5-Total Wages Paid in Cash will Be Take Home (Gross Wages-PF-ESI) or it will be only Gross Wages?
From India, Nasik
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4From India, Nasik
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It should be gross wages paid only. In all other forms also wherever mention is made about wages, it should be taken as gross wages only. Also please do not take the CTC which is out of purview of all these mandatory or statutory forms.
Regards,
Madhu.T.K
From India, Kannur
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Regards,
Madhu.T.K
From India, Kannur
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Dear Madhu Sir,
Should we also include the wages paid to contractual employees in the minimum wage annual return? Secondly, as we know that the salary limit under the Payment of Wages Act is ₹18,000, should we only count employees drawing wages less than ₹18,000 per month as the "Number of Man-days worked during the year," or should we include all employees irrespective of salary?
Regards, Dinesh Kumar
From India, New Delhi
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Should we also include the wages paid to contractual employees in the minimum wage annual return? Secondly, as we know that the salary limit under the Payment of Wages Act is ₹18,000, should we only count employees drawing wages less than ₹18,000 per month as the "Number of Man-days worked during the year," or should we include all employees irrespective of salary?
Regards, Dinesh Kumar
From India, New Delhi
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Wherever reference to wages and the number of workers is made in any return, you have to consider the total number of workers and the wages paid to them. You can exclude only managers' salaries from it. Therefore, in the returns, you should list all employees, whether they are paid 18000 or more. Of course, you can genuinely exclude those with managerial rights from the list of employees.
Madhu.T.K
From India, Kannur
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Madhu.T.K
From India, Kannur
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Jan-18 406 2584146.00 Feb-18 389 2355905.00 Mar-18 456 2881783.00 Apr-18 382 2477289.00 May-18 77 363221.00 Jun-18 312 1031517.00 Jul-18 459 2052486.00 Aug-18 577 2666038.00 Sep-18 563 2401886.00 Oct-18 482 1233872.00 Nov-18 109 131745.00 Dec-18 454 1896144.00
HOW TO CALCULATE Number of man/days worked during the year-----MAN DAYS
From India, Mumbai
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HOW TO CALCULATE Number of man/days worked during the year-----MAN DAYS
From India, Mumbai
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Minimum Wages (Central) Amendment Rules 2015 - Unified Annual Return.pdf
FORM III annual return minimum wages.doc