Dear Friends,
As per all above discussion, they all are right as per the market view or as per companies bifurcating the minimum wages, but the thing as per the labour law is noted that Minimum Wages is equal to Basic Wage+Dearness Allowance and not any more to be bifurcated in the minimum wages other than above two.
As yestarday I was before the Labour Commissioner for Gratuitycase, on that we have bifurcated the minimum wage or salary of the emoloyee in different heads but the basic is less than the minimum wages decided by the law.
He franckly said minimum wage is the basic wage of an employee not other heads, that we have to pay the Gratuity amouont on the perscribed minimum wages.
now in all about abouve discussion, I mean to say that the minimum wage is the basic wage of the employee only or if pay DA so we can add the BAcis and DA as minimum wage.
If any changes or mistake is there pls discuss and post.
Regards
Nandan Negi