Karnataka Shops And Commercial Establishments - PDF Download

pkvidyanambiar
Hi All,
Can anyone help me on the category in which employees of an IT firm would fall in Shops and commercial establishment list of Karnataka, 2013-14?
Is there a minimum basic pay defined? If there is a minimum basic pay,is it ok to rework on the other salary components so that the CTC would remain the same?
jeevarathnam
Hi
IT Industries in Karnataka falls under Karnataka Shops & Commercial Establishments Act & there is no any sub categories.
As per Karnataka Shops & Commercial Establishments Act there is minimum wages for all types of industries and we should follow the same. we should ensure Basic is not lesser than the minimum wages act. Other components shall be reworked
jeevarathnam
Hi
Enclosed is the minimum wages for various categories for Karnataka shops act
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saswatabanerjee
In adjusting various components, remember that you can not reduce the gross salary and you can not reduce the salary to pay for PF
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