Minimum Wage and PF Deduction for Laborers in Karnataka
What is the minimum wage rate for skilled and unskilled laborers in Karnataka, and how much do we have to deduct for the PF amount from laborers working on the minimum wage rate? We are contractors in a steel plant. Is the basic amount in the minimum wage rate used for PF deduction?
From India, Bangalore
Acknowledge(0)
Amend(0)
What is the minimum wage rate for skilled and unskilled laborers in Karnataka, and how much do we have to deduct for the PF amount from laborers working on the minimum wage rate? We are contractors in a steel plant. Is the basic amount in the minimum wage rate used for PF deduction?
From India, Bangalore
Acknowledge(0)Amend(0)
To know the latest minimum wage rates in Karnataka, you can visit the nearest office of the labor department. Apart from this, provident fund contribution is required to be deducted at least on the minimum wage of the worker if he has been paid with minimum wages, and the higher amount if paid with a higher wage (Basic), subject to a maximum of Rs. 6500/- (Basic). Minimum wage is the basic salary for deducting PF contribution.
From India, Gurugram
Acknowledge(0)Amend(0)
118From India, Gurugram
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
PF Contribution on not less than Minimum Wage.pdf