+1 Other
Hi Seniors, Pls let me know that if any act says about the minimum percentage / amount of HRA requirement while defining the salary structure. Normally Co.'s decide the 40%, 50% or 60% of Basic Salary.
Pls provide me the details for Gurgaon / Maharashtra Minimum wages act.
Thanks for your help
Best Regards,
Sunil Kumar
9810021711
From India, New Delhi
Pls provide me the details for Gurgaon / Maharashtra Minimum wages act.
Thanks for your help
Best Regards,
Sunil Kumar
9810021711
From India, New Delhi
Maharashtra :- 1) In Maharashtra minium HRA amount is 05% of ( Basic+DA ) 2) Maximum 50% of ( Basic+DA ) is tax exempted in Mumbai 3) Maximum 40% of ( Basic+DA ) is tax exempted in other than Mumbai
From India, Pune
From India, Pune
Dear Sunil Kumar,
It is hereby informed that there happened to be no Act in the name of Gurgaon/ Maharashtra Minimum Wages Act. The Minimum Wages Act,1948 is the central Act.State Governments notify their minimum rates of wages for whole of the State or for different Zones. The Haryana Govt. have declared / notified the minimum rates wages for employees working in different schedule employments all inclusive per month & for daily wagers under section 4(iii) of Minimum Wages Act,1948 which do not have any separate component of HRA.These rates are linked with the Consumer Price Index number.These rates are declared for through out the state.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
It is hereby informed that there happened to be no Act in the name of Gurgaon/ Maharashtra Minimum Wages Act. The Minimum Wages Act,1948 is the central Act.State Governments notify their minimum rates of wages for whole of the State or for different Zones. The Haryana Govt. have declared / notified the minimum rates wages for employees working in different schedule employments all inclusive per month & for daily wagers under section 4(iii) of Minimum Wages Act,1948 which do not have any separate component of HRA.These rates are linked with the Consumer Price Index number.These rates are declared for through out the state.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
Thanks all :icon1:
Got the answer of my question and searched on net also.
Yes, In Haryana, there is no such act says about the minimum % of HRA but in Maharashtra, minimum % i.e. 5% is defined by the Maharashtra Workmen's Minimum House Rent Allowance Act 1983
Best Regards,
Sunil Kumar
From India, New Delhi
Got the answer of my question and searched on net also.
Yes, In Haryana, there is no such act says about the minimum % of HRA but in Maharashtra, minimum % i.e. 5% is defined by the Maharashtra Workmen's Minimum House Rent Allowance Act 1983
Best Regards,
Sunil Kumar
From India, New Delhi
Dear, Kindly tell us wheather minimum wages in maharashtra includes HRA or not? please send us a clause stating so. Regards, Sandeep
From India, Mumbai
From India, Mumbai
I think the thread starter has meant the employees who are falling under income tax net. The employees who are paid under Min. wages Act may not be covered under Income Tax slabs, hence no need of HRA to be specified separately.
For the Tax payers, HRA is 50% in metros and 40% in non-metros to reduce their tax burden.
Pon
From India, Lucknow
For the Tax payers, HRA is 50% in metros and 40% in non-metros to reduce their tax burden.
Pon
From India, Lucknow
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#Subject List: minimum wages act Country-India maharashtra minimum wages house rent minimum house rent allowance income tax minimum wages consumer price index labour law wages act house rent allowance City-India-New-Delhi
Delhi - Minimum Wages w.e.f. 01.10.2012 (1).pdf
Minimum Wages in Maharashtra for the period January 2018 to June 2018.xls
