Dear Seniors, We are a trading company located in Delhi-Gurgaon. For minimum wages in Gurgaon (Haryana), we are calculating it based on Basic, and Basic is half of the minimum wage. My problem is that we have not revised the minimum wage from July 2016 onwards and have been paying salary and PF as per the January 2016 wage rate until December 2016. The reason is that we were unable to find any updates on the minimum wage revision from July 2016 onwards. In this case, what should we do? My HR manager is asking to revise all 6 months' salary sheets as per the July minimum wage and is requesting to submit PF as arrears. He is asking to submit PF on the difference between the revised basic and all the old basic. I am unable to understand how to implement this idea. Please suggest what to do. Do we need to submit PF and ESIC both? What would be the calculation for this type of PF?
Regards, Nishu
Regards, Nishu