Dear Seniors
We are in a trading company located in Delhi-Gurgaon. For Minimum wages in Gurgaon( Haryana) we are calculating it on Basic and basic is half of Minimum wage.
My Problem is:
We have not revised minimum wage from July 2016 on wards and paying salary and pf as per Jan 2016 wage rate till Dec 2016. ( reason is-we were unable to find any update of minimum wage revision from July 2016 onward). In this case what what to? My HR manager is asking to revise all 6 months salary sheets as per July Minimum wage and asking to submit pf as arrears- he is asking to submit pf on the difference of revised basic and all old basic.
i am unable to understand how to implement this idea?
Please suggest what to do?
and do we need to submit PF and ESIC both...
and what would be the calculation of this type of PF???
Regards
Nishu
We are in a trading company located in Delhi-Gurgaon. For Minimum wages in Gurgaon( Haryana) we are calculating it on Basic and basic is half of Minimum wage.
My Problem is:
We have not revised minimum wage from July 2016 on wards and paying salary and pf as per Jan 2016 wage rate till Dec 2016. ( reason is-we were unable to find any update of minimum wage revision from July 2016 onward). In this case what what to? My HR manager is asking to revise all 6 months salary sheets as per July Minimum wage and asking to submit pf as arrears- he is asking to submit pf on the difference of revised basic and all old basic.
i am unable to understand how to implement this idea?
Please suggest what to do?
and do we need to submit PF and ESIC both...
and what would be the calculation of this type of PF???
Regards
Nishu