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Hi all, My management instructed me to reduce Basic salary % Previous: Basic is 50% of Gross salary Present: Basic is 35% of Gross salary May i fix this 35 % of basic now?
From India, undefined
Dear Sir Basic salary can not be reduced ,specially if it goes in favour of the Management Regards Suresh
From India, Nagpur
Satish, why your management wish to reduce the basic pay? are you ok with reduction? what is your point of view?
Basic pay should not get reduced, if any chance you are doing so (Management force) then please check minimum wages act of your state.

From India, Pune
so, what is the minimum basic salary percentage of gross salary that an employer pay. as per which act was it proposed ?
From India, undefined
please check minimum wages as per your state then reduce basic. Regards, Dilip Tele
From India, Gurgaon
Tell your management to read Supreme Court Verdict Feb,2019 regarding PF Gross. Also tel to read the definition of "Wage " under wage code (not yet implemented but will be implemented any time) .
Not wise as well as it will be bad in law to minimize Basic Salary.
S K Bandyopadhyay ( Howrah, WB )
+91 98310 81531
USD HR Solutions.

From India, New Delhi
Sure sir, I will read.. Thank you so much
From India, undefined
Dear Sir,
Please note that reduction in Basic pay is not legally permitted and can be challenged. It will have a tantamounting effect on PF contribution, gratuity and any other allowances paid on percentage of basic.

From India, Chennai
Please check in PF Act. You cannot reduce the basic wages for your advantage. once fixed you are suppose to adopt it without reducing it.
From India, Chennai
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