sharma1402
Dear Sir,
We are having graduate skilled employees at Delhi, covered under Delhi Shop & Establishment Act, whose salaries ranges between Rs.6000.00 to Rs.30000.00. As per the minimum wages Act, for graduate Rs.4650.00 should be paid to any skilled graduate. If the company is paying more than minimum wages, what will be the formula for the amount on which deduction of Provident Fund should be made.

From India, New Delhi
dasp06
25

Hope the enclosed Excel file serves your purpose. It contains examples for CTC=6,000/- (with due consideration given to min. wages) and for CTC=30,000 pm. Regards, Prashant Das Delhi
From India, Delhi
Attached Files (Download Requires Membership)
File Type: xls CTC Example for CiteHR.xls (9.5 KB, 829 views)

ridhi bohra
1

HI Can you give brak up for 15,000 thousand.. With BASIC,HRA,MEDICAL ALLOWENCES... WITH TDS DEDUCTION
From India, Madras
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