Dear All,
1) Please let me know, what component we need to take while fulfilling the criteria of Minimum Wages?
Whether Minimum Wages = Basic Wages + Special Allowance + 5% HRA
Or
Minimum Wages = Basic Wages + Special Allowance
2) If Company has its own Appretice/Training Program of 3 year and it want to give 75% of Minimum Wages as Stipend/Training Allowance then What component we need to consider:
Whether 75% of Minimum Wages = Basic Wages + Special Allowance + 5% HRA
Or
75% of Minimum Wages = Basic Wages + Special Allowance
Awaiting for you all early reply.
Regards,
Avinash K.
1) Please let me know, what component we need to take while fulfilling the criteria of Minimum Wages?
Whether Minimum Wages = Basic Wages + Special Allowance + 5% HRA
Or
Minimum Wages = Basic Wages + Special Allowance
2) If Company has its own Appretice/Training Program of 3 year and it want to give 75% of Minimum Wages as Stipend/Training Allowance then What component we need to consider:
Whether 75% of Minimum Wages = Basic Wages + Special Allowance + 5% HRA
Or
75% of Minimum Wages = Basic Wages + Special Allowance
Awaiting for you all early reply.
Regards,
Avinash K.