As per Minimum Wage Act you can byfercate Minimum Wage in Basic,DA and HRA (But not conveyance) but still in real life practice most of companies do not byfercate it in basic +HRA, they keep minimum wage as per Basic+DA. Reason being, PF Authorities insist to deduct PF Contribution on minimum Wage.
Found This Useful? +Vote Up This Page Via Google.
Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
Explore Topical Knowledge Areas
Topic Categories >> Location-India-Mumbai minimum wage act minimum wage. minimum wages wages act Complete List Of Categories
Interesting Relevant Discussions