Dear Sir/Mam, Can you update me on definition of Minimum wages as per me it includes Basic + D.A.+HRA. Kindly correct me if i am wrong. Thanks & Regards cmmohla
From India, Delhi
14From India, Delhi
Please check the notification of minimum wages in your state. In most states the notification says basic is xxx amount, da is xxx amount. So the minimum wages is basic plus da, not basic da and hra
From India, Mumbai
From India, Mumbai
As per Minimum Wages Act 1948, Wages means all remuneration expressible in money terms and payable to an employee including House Rent Allowance but excluding value of any House accommodation, supply of light, water, medical allowances or any other amenity like contribution towards EPF, ESI, Gratuity, Bonus etc
Regards,
Ganesh.H.N
From India, Bangalore
Regards,
Ganesh.H.N
From India, Bangalore
Dear sir, Greetings for the day, Minimum wages is the component of basic+da rest allowances were the part of gross salary. Thanks & Regards, from, sumit kumar saxena
From India, Ghaziabad
From India, Ghaziabad
As per section 4 of the M einimum Wages Act 1948,govt can fix or revise the minimum wages in any of the following ways,
1.Basic rate plus spoecial allowance variable with cost of living index
2.Basic rate with or without cost of living index and cash equivalent of concessions
3.Basic plus cost of living allowance and cash value
From India, Thiruvananthapuram
1.Basic rate plus spoecial allowance variable with cost of living index
2.Basic rate with or without cost of living index and cash equivalent of concessions
3.Basic plus cost of living allowance and cash value
From India, Thiruvananthapuram
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HC two judgments on PF basic wages defination Gujarat HC & Madras HC.PDF
Wages Defination.jpg