Hi Seniors, I am working for an MSME manufacturing unit, where we have staff and workers in Maharashtra. I would like to know if the minimum wages criteria are followed. Do you have to consider this minimum wages amount only in BASIC + DA? For example, if the minimum wages for skilled workers is Rs. 10,600, do we have to consider basic + DA as Rs. 10,600 and deduct PF on this amount, or consider less under BASIC + DA and adjust the balance amount in other allowances? This is because many would prefer to take home more pay presently rather than accumulating in PF.
Thanks, LISHA.
From India, Pune
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15Thanks, LISHA.
From India, Pune
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You have not clarified whether you are paying only minimum wages stipulated under the Act or paying more than the minimum wages. If you are paying only minimum wages, you have to pay EPF contribution on the same.
From India, New Delhi
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From India, New Delhi
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you will not bifurcate Basic + Da as per your convenient. It will be breach of Law.
From India, Pune
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From India, Pune
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We are paying more than the minimum wages. Also, is the same law applicable to both, staff & workers ?
From India, Pune
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From India, Pune
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You are paying your workers or staff more than minimum wages but you can’t bifurcate Basic + Da ( Normal Earning).
From India, Pune
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From India, Pune
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Dear Srinath,
You have not clarified whether you are paying only the minimum wages stipulated under the Act or paying more than the minimum wages. We are paying more than the minimum wages. Minimum wages are applicable only to workers, or for both, i.e. staff and workers?
Thanks,
From India, Pune
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You have not clarified whether you are paying only the minimum wages stipulated under the Act or paying more than the minimum wages. We are paying more than the minimum wages. Minimum wages are applicable only to workers, or for both, i.e. staff and workers?
Thanks,
From India, Pune
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Minimum Wages Basic-DA.xls
Minimum wages- Basic.pdf