Dear Sir,
Need your help on minimum wages, In UP Minimum wages from Apr12 are Rs100 Basic+74.14DA=Rs174.14 Per Day. It becomes 4528/ Per month. Accordingly Monthly Basic 2600+ 1928 as DA as per my understanding, Now if I fix 4550 per month for an unskilled worker and split it as 2900 Basic+ 1650 as other allowances( i.e.HRA & Conveyance). And take 2900 for PF calculation will it work.Can we split Minimum Wages in basic & Other Allcs.If we split then only basic will be taken for PF calculation . Plz advice on priority.
regards
ashok
Need your help on minimum wages, In UP Minimum wages from Apr12 are Rs100 Basic+74.14DA=Rs174.14 Per Day. It becomes 4528/ Per month. Accordingly Monthly Basic 2600+ 1928 as DA as per my understanding, Now if I fix 4550 per month for an unskilled worker and split it as 2900 Basic+ 1650 as other allowances( i.e.HRA & Conveyance). And take 2900 for PF calculation will it work.Can we split Minimum Wages in basic & Other Allcs.If we split then only basic will be taken for PF calculation . Plz advice on priority.
regards
ashok