Hi,
As per the notification from the labor office (DA), the minimum wage in Maharashtra for unskilled labor is basic 3600 + DA 3927 = 7527 + 5% HRA 376 = 7903.
My question is, if we are paying a gross salary of more than the minimum wage, i.e., Rs. 10,000, but to save on PF costs, we are showing basic + DA = 7000, HRA 2800, Team Allowance 200.
I need your advice on whether this salary structure complies with the Minimum Wages Act.
Regards,
Bajirao
From India , Pune
Acknowledge(0)
Amend(0)
As per the notification from the labor office (DA), the minimum wage in Maharashtra for unskilled labor is basic 3600 + DA 3927 = 7527 + 5% HRA 376 = 7903.
My question is, if we are paying a gross salary of more than the minimum wage, i.e., Rs. 10,000, but to save on PF costs, we are showing basic + DA = 7000, HRA 2800, Team Allowance 200.
I need your advice on whether this salary structure complies with the Minimum Wages Act.
Regards,
Bajirao
From India , Pune
Acknowledge(0)Amend(0)
274CiteHR 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.
Splitting of minimum wages for PF in abeyance (1).pdf
SELF-CERTIFICAT E PROFORMA UNNDER THE MINIMUM WAGES ACT, 1948.doc