Can anybody tell me that whether there is a govt. guideline for minimum basic salary? Here I am not talking about minimum wages. The question is for minimum basic salary.
What % of total salary shall be given as Basic salary?
Is there any rule which says that minimum basic should be 70% of the total / gross salary?
Is there any guideline that the minimum basic slaray should be Rs.2500/- pm?
The above are the sugessions given to me by some of my friends. They are also not very clear on this.
Need your help.
29th June 2007 From India, Delhi
Industrial Relations And Labour Laws
Manager Human Resource
Regional Head , Social Compliance
Pf Esi Consultant
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