Please go through the below mentioned defination:-
Wages means all remuneration capable
of being expressed in terms of money, which
would, if the terms of contract of employment,
express or implied, were fulfilled, be payable to
a person employed in respect of his
employment or of work done in such
employment. It includes house rent allowance
but does not include the value of any house
accommodation, supply or light, water, medical
attendance or other amenity or service excluded
by general or special order of appropriate
Government; contribution paid by the
employer to Pension/ Provident Fund or under
scheme of social insurance; traveling
allowance or value of traveling concession;
sum paid to the person employed to defray
special expenses entailed on him by the nature
of his employment; or any gratuity payable on
discharge.
Hence Basic salary may be Rs. 2000/- to fullfill the minimum wages act
Wages means all remuneration capable
of being expressed in terms of money, which
would, if the terms of contract of employment,
express or implied, were fulfilled, be payable to
a person employed in respect of his
employment or of work done in such
employment. It includes house rent allowance
but does not include the value of any house
accommodation, supply or light, water, medical
attendance or other amenity or service excluded
by general or special order of appropriate
Government; contribution paid by the
employer to Pension/ Provident Fund or under
scheme of social insurance; traveling
allowance or value of traveling concession;
sum paid to the person employed to defray
special expenses entailed on him by the nature
of his employment; or any gratuity payable on
discharge.
Hence Basic salary may be Rs. 2000/- to fullfill the minimum wages act