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.
From India , Chandigarh
1This 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.
From India , Chandigarh
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
From India, New Delhi
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
From India, New Delhi
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Minimum Wages Maharashtra 1st JULY 2017 TO 31st DEC. 2017 English Version.pdf