Thread Started by #krissh66

Apologies to miss info.
This is with reference to Karnataka govt wherein Minimum Wages has been revised for all employers covered under ‘Shops and Commercial Establishments’ vide notification dated 30-Dec-2017.
Also, I've uploaded attachment.
7th February 2018 From India , Chandigarh

Attached Files
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File Type: pdf English version of Revised MW Notification S&E 1st Jan 2018.pdf (350.3 KB, 156 views)

Dear Krish, Please Peruse Page # 4
Apart from Minimum Wages (Basic) as mentioned in the Notification, VDA Payable is Rs367-20 till 31/03/2018
Method of Calculation of VDA
2017 CPI Points:6843-6537-306 Points
306X0.04 PaisaX30 Days-Rs367-20
Further, w.e.f 01/04/2018 Basic Minimum Wages will remain the same.However, VDA will change based on increase in Consumer Price Index Points
7th February 2018 From India, New Delhi
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