Dear All.
Thanx for ur response and as Mr. Jaikishen mentioned as the matter was subjudice
in the court of law, the points on Splitting of Minimum Wages by the PF Authority had
been eagerly waiting for a long time by the HR Professionals. This became really more
complicated after the judgement in the case of Bridge & Roof Case and contractors use to cite this reference while splitting Minimum Wages. Thanx to Add. Central PF Commissioner and PF authority for restricting contractors/employers from split Minimum Wages.
Dear Sajit1980: There are mainly 3 components of Minimum Wages: 1. Basic
2. Dearnes Allowance.
3. House Rent Allowance.
Minimum Wages is fixed by the Joint/Labour Commissioner of every States in India
for different industry after taking into A/c of change in Consumer Price Index of
39 food grains items from the last CPI. Since the base year of calculating the Minimum
Wages is fixed by the Labour Department in the year 1960, it became much complicated to find out the exact portion of Basic, DA and HRA from a notified Minim Wages of Scedule Industries.
So when we talked about Minimum Wages payment, we mean Minimum Wages as lumpsum in a month of 26 days/lumpsum as piece rate and generaly we do not do segregating it in Basic, DA and HRA.
So w.r.t your question, You need to find out in which category of Industry your
company lies as per the list of Schedule Industry and get the minimum wages rate from that notified circular for the purpose of payment of Minimum Wages. and hence you will not be required to show different components of Minimum Wages seperately. You can refer <link no longer exists - removed> for details on how we arrived at Minimum Wages (CPI change)
Dear sumit kumar saxena: glad to know that you are from BCW, I have been there for few times but not for official purpose and my native place is also Purulia.
But I recently been transfered to Sagardighi Thermal Power Station (New Project of 500 MW X 2).Now you are working at Noida. So we will be sharing our limited knowledge on HR with each other. Thanx for ur reply.
Regards.
Jawed Alam