If you want any act so you can follow minimum wages act in which you will fixed amount of basic & da and other part of salary you can calculate as per your company rules
From India
Nowadays PF office seems to be insisting Basic to be mandatory 50% of CTC if the basic amount is 15000 or less than 15000. My questions :
1. Is this a general rule and implemented consistently?
2. This seems to happen only when there is a scrutiny.
Last but not the least, are there formal notifications from the Labor ministry.To me,this pressure from PF office looked like a local and personal push from the local PF commissioner and over enthusiastic officers.
Can someone give some opinion which is backed by documents from labor ministry.
Santosh


Anonymous
i want best salary structure for monthly salary of Rs. 75000/- with low tax
From India, Ahmedabad
can anybody help me to prepare salary structure for monthly salary of Rs. 75000/- with minimum tax
From India, Ahmedabad
Dear All, In west bengal, as per the minimum wages notification, mw amount should be maintained in basic & DA column.
From India, Kolkata
Anonymous
Hi.. My question is that if it is mandatory to maintain basic wages equal to minimum wages. Suppose an employee is getting 9000 p.m in u.p then what should be the basic wages for him.???
From India, Mumbai
Can anyone please tell me if there is any fixed percentage range for the Basic Salary Component in the overall salary? Is there any minimum and maximum % of basic salary as per law?

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