Minimum Wage Dilemma: Should It Be About Take-Home Pay for Workers?

Salary Format for Minimum Wage

What should be the salary format for minimum wage salary? Should it be the take-home salary for workers?

Understanding Minimum Wages and Take-Home Salary

Minimum wages do not mean take-home salary. That will be gross wages, and the take-home salary would be after deductions of statutory dues.

Bifurcation and PF Deduction

Up to the minimum wages, bifurcation is not allowed for the purpose of PF deduction. Please refer to the attachment.

Regards,
Jitender

CTC as per Minimum Wages

This would be the CTC as per minimum wages, i.e., ₹6118/-:

- **Monthly Annual Breakdown:**
- **Basic:** ₹6118 ₹73416
- **HRA:** ₹0 ₹0
- **Conveyance:** ₹0 ₹0
- **Special Allowance:** ₹0 ₹0
- **Metro Allowance:** ₹0 ₹0
- **GROSS:** ₹6118 ₹73416
- **ESI:** ₹107 ₹1284.78
- **PF:** ₹734 ₹8809.92
- **Bonus:** ₹510 ₹6115.5528
- **LTA:** ₹0 ₹0
- **Medical:** ₹0 ₹12000
- **Gratuity:** ₹294 ₹3530
- **Superannuation:** ₹0 ₹0

Total Deductions: ₹1645 ₹31740

Total CTC: ₹7763 ₹105156