Pl.refer to the notification of 'minimum wages' issued from time to time by your state govt. For workers you pay wages @ Rs.320 per hour ?? Are you sure. If so it may work out appx. 320x8x25=64,000/-. Are they regular employees or part-time workers. Why are you paying them on hourly basis instead of monthly salary ?
I presume this query is relevant to Gujarat state.
Understood, but you haven't indicated the status of your firm, nature of business, category of employees etc to suggest/clarify the issue. I hope the attached info., a few are in vernacular I couldn't read them, but others are in English, could help you to locate your requirement.