Understanding Minimum Wages: Do Only Basic and D.A. Count, or Are We Missing Something?

hilmesh1611

Dear All, please advise on the correct definition of minimum wages. Our local labor consultant claims that minimum wages mean only Basic + D.A. He says all the other salary components do not matter. Our company provides Basic + HRA + TA, which is way over the minimum wages. However, if we consider only basic, then we have to increase the basic for everyone. Can somebody please advise?

Prashant B Ingawale

Make sure Basic + DA/Special Allowance should not be less than the prescribed limit set by the Appropriate Government; it may vary from one state to another.

hilmesh1611

Thank you for the quick response. In our company package, the basic + HRA + TA is always greater than what is specified in the minimum wages. Will this suffice?

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute