Hi Seniors !
I am working for a MSME manufacturing unit, where we have staff + workers which is in Maharashtra.
I would like to know if minimum wages criteria is followed -
Do you have to consider this minimum wages amount only in BASIC + DA. For example, if minimum wages for skilled is Rs.10600/-, do we have to consider basis + DA as Rs.10600/-, and deduct PF on this amount, or consider less under BASIC + DA and adjust the balance amount in other allowances. This is because many would prefer to take more in take home at present, rather than accumulating in PF.
Thanks,
LISHA.
I am working for a MSME manufacturing unit, where we have staff + workers which is in Maharashtra.
I would like to know if minimum wages criteria is followed -
Do you have to consider this minimum wages amount only in BASIC + DA. For example, if minimum wages for skilled is Rs.10600/-, do we have to consider basis + DA as Rs.10600/-, and deduct PF on this amount, or consider less under BASIC + DA and adjust the balance amount in other allowances. This is because many would prefer to take more in take home at present, rather than accumulating in PF.
Thanks,
LISHA.