Thread Started by #HRD200

what should be salary format for minimum wages salary... should be it take home salary for workers.?
8th September 2014 From India, Jamnagar
minimum wages does not mean take home salary. That will be gross wages & take salary would be after deductions of statutory dues.
Upto Minimum wages, bifurcation not allowed for the purpose of PF deduction.
Please refer the attachment.
Rgds/Jitender
8th September 2014 From India, New Delhi

Attached Images
Membership is required for download. Create An Account First
File Type: jpg PF Bifurcation.jpg (296.6 KB, 444 views)

This woul be the CTC as per minimum wages i.e. 6118/- : -
Monthly Annual
Basic 6118 73416
HRA 0 0
Convey 0 0
Spl Allw 0 0
Metro All 0 0
GROSS 6118 73416
ESI 107 1284.78
PF 734 8809.92
Bonus 510 6115.5528
LTA 0 0
Medical 0 12000
Gratuity 294 3530
Superannuation 0 0
1645 31740
CTC 7763 105156
8th September 2014 From India, New Delhi
Reply (Add What You Know) Start New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™