Dear Sir(s),
Please let me know about minimum wages. Example - Gross Salary of a person working as an accountant is Rs. 10,500/- (announced as per Basic wage and VDA points upto 31.03.2017). Can we split this salary as (Basic + VDA) + Others which may comes as Rs. 7350 (Basic +VDA) + Rs. 3150 (others) where the gross salary is more than the wage announced as per minimum wages. (or) the total Basic and VDA should be Rs. 10,500/-
One more doubt - Is it necessary to split the salary of all the employees in an organization as equal percentages Example :- for person 'A' the Basic + VDA is 70% of the salary and others 30% and of person 'B' can the 80% as basic + VDA and others 20%.
Please clarify. Thanks
Please let me know about minimum wages. Example - Gross Salary of a person working as an accountant is Rs. 10,500/- (announced as per Basic wage and VDA points upto 31.03.2017). Can we split this salary as (Basic + VDA) + Others which may comes as Rs. 7350 (Basic +VDA) + Rs. 3150 (others) where the gross salary is more than the wage announced as per minimum wages. (or) the total Basic and VDA should be Rs. 10,500/-
One more doubt - Is it necessary to split the salary of all the employees in an organization as equal percentages Example :- for person 'A' the Basic + VDA is 70% of the salary and others 30% and of person 'B' can the 80% as basic + VDA and others 20%.
Please clarify. Thanks