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29-07-2008, 01:52 PM
| | | | Join Date: Nov 2007 Location: New Delhi |
| | Minimum wages Hi
I want to know what is minimum wage. Does it mean that min. wage amount should be the minimum basic pay or it may be gross pay also. If it is gross pay, then how much should be basic pay.
Please reply.
rgds,
jyoti negi | |
11-09-2009, 04:47 PM
| | | | Join Date: Aug 2009 Location: Gurgaon |
| | Quote:
Originally Posted by jyotinegi  Hi | Quote:
Originally Posted by jyotinegi
I want to know what is minimum wage. Does it mean that min. wage amount should be the minimum basic pay or it may be gross pay also. If it is gross pay, then how much should be basic pay.
Please reply.
rgds,
jyoti negi
| Dear Jyoti, There is no particular definition of Minimum Wages, It a level of wages which has been decided by Appropriate government by notification for employees to safeguard them from exploitation. Minimum wages means you have to pay atleast that amount which has been decided by appropriate govt. and rest is upto employer how much additional he wants to pay. Accoding to Sec 2 (h) of Minimum wages act, 1948 : "wages" means all remuneration, capable of being expressed in terms of money, which would, if the terms of the contract of employment, express or implied, were fulfilled, be payable to a person employed in respect of his employment or of work done in such employment, [7] [and includes house rent allowance] but does n6t include (i) the value of - (a) any house- accommodation, supply of light, water, medical attendance, or (b) any other amenity or any service excluded by general or special order of the appropriate Government; (ii) any contribution paid by the employer to any Pension Fund or Provident Fund or under any scheme of social insurance; (iii) any travc1ling allowance or the value of any traveling concession; (iv) any sum paid to the person employed to defray special expenses entailed on him by the nature of his employment; or (v) any gratuity payable on discharge; 21. Time and conditions of payment of wages and the deductions permissible from wages (1) (i) [1]{The wages of a worker in any scheduled employment shall be paid on a working day, - (a)in the case of establishments in which less than one thousand persons are employed, before the expiry of the seventh day, and (b)in the case of other establishments, before the expiry of the tenth day after the last day of the wage period in respect of which the wages are payable. (ii)The wages of an employed person shall be paid to him without deduction of any kind except those authorized by or under these rules.
( As mentioned in Rule 21 Explainations i- xiv) It can be considered as Gross Pay and there is no limit mentioned for Setting Basic pay in the Act.  | |
07-11-2009, 03:21 PM
| | | | Join Date: Nov 2007 Location: New Delhi |
| | Mr. Singh
Thanx for the information.
Rgds,
Jyoti | |
07-11-2009, 04:12 PM
| | | | Join Date: Aug 2009 Location: Gurgaon |
| | Quote:
Originally Posted by jyotinegi Mr. Singh
Thanx for the information.
Rgds,
Jyoti | Dear Jyoti, You are Alwys welcomed  !!! Be in touch and share your issues with me | |
07-11-2009, 04:14 PM
| | | | Minum Wages I want to know what is minimum wage. Does it mean that min. wage amount should be the minimum basic pay or it may be gross pay also. If it is gross pay, then how much should be basic pay.
Please reply.
rgds,
Kusum |
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