No Tags Found!


Hemavathy N
2

If a company pays gross salary more than minimum wage, pay ESI & PF on gross. But no DA Component in salary structure.
Then this structure is legally right or not?
Example:
Salary
Basic 6000
HRA 3500
Others 500
Basic wage as per minimum wage - 5600, DA-3500.

From India
Babu Alexander
294

As long as you pay more than the minimum wages, and pay ESI & PF on gross wages, no Inspection official will question you.
From India, Madras
Srinath Sai Ram
609

Dear Babu Alexander Sir, "and pay ESI & PF on gross wages," PF is paid on Basic+DA+VDA
From India, New Delhi
Babu Alexander
294

ESI contributions is always on Gross wages. Your classification of Basic , DA and VDA , will attract ESI and PF contributions.
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR

All Copyright And Trademarks in Posts Held By Respective Owners.