New employee joined a salary of 17000. Can we show Basic + DA = 15001 and HRA = 1999, total = 17000 as breakup. Is such a breakup of salary allowed?
The employee is a fresher and since he is above the PF bracket, the firm decided to just give him ESI. Is everything correct or should there be any amendments?
From India, Bengaluru
The employee is a fresher and since he is above the PF bracket, the firm decided to just give him ESI. Is everything correct or should there be any amendments?
From India, Bengaluru
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It is okay as it complies with the ratio of apportionment of basic component in the wage structure as per the definition of wages u/s 2 (y) of the Code on Wages,2019 likely to be effective from April 01,2021.
From India, Salem
5919From India, Salem
Below breakup is consider ?? Basic+da. + hra+ other benefits = 21005.(gross) So employee covered in esic or only we deduct pf , pt ? Rather then pf, pt, esic.
From India, Ahmedabad
From India, Ahmedabad
Minimum Wages Basic-DA.xls
Basic+DA 28_10_2010-MW Maharashtra.pdf