what should be salary format for minimum wages salary... should be it take home salary for workers.?
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

From India, New Delhi

Attached Images
File Type: jpg PF Bifurcation.jpg (296.6 KB, 448 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

From India, New Delhi
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