Hi All,
As per Notification of labour office (DA) the minimum wages (Maharashtra) amount for unskill labour ie
basic(3600) + DA(3927) = 7527 + 5%HRA (376) = 7903
My question is if we are paying gross salary more that minimum wages ie. Rs. 10000 but to save PF cost we are showing
basic + DA = 7000 HRA (2800) Team Allowance (200)
So need your advice whether is it ok as per minimum wages Act to follow the above salary structure.If no please suggest some alternative..
As per Notification of labour office (DA) the minimum wages (Maharashtra) amount for unskill labour ie
basic(3600) + DA(3927) = 7527 + 5%HRA (376) = 7903
My question is if we are paying gross salary more that minimum wages ie. Rs. 10000 but to save PF cost we are showing
basic + DA = 7000 HRA (2800) Team Allowance (200)
So need your advice whether is it ok as per minimum wages Act to follow the above salary structure.If no please suggest some alternative..