5th August 2012 From India, Bangalore
Please clarify whether it is special allowance or Dearness allowance, because in your mail you mentioned Dear allowance in bracket. Special allowance is different from Dear allowance, DA constitute part of Minimum wages and Spl Allowance which is the discretinary of the management.
6th August 2012 From India, Bangalore
Good & useful information. But most of us get confused with this DA. Is it DA or Special allowance? While structuring salary is it compulsory to add this DA amount. I am giving an example for Maharashtra state as below, kindly let us all know how to work on it.
1) Schedule - Engineering & Minimum wage - Rs 3430/- & Special allowance (Jul-dec 12) Rs 2164.80/-. Total minimum wage (US worker) comes to Rs 5595/-.
My questions are (& I am talking about Maharashtra state only)......
1) Is there any difference between SPECIAL ALLOWANCE & DEAR ALLOWANCE or both are same in this case.
2) Is it mandatory to consider/add this allowance/amount (eg. Rs 2164.80/-) in minimum wage.
3) As per EPF norms, we have to calculate PF contribution on basic + da. So while calculating PF should we calculate contribution on amt of Rs 5595/- or on Rs 3430/-
Hope you will clarify it.
4th November 2012 From India, Kolhapur