Minimum Wages Act Dilemma: Should It Be Basic Pay or Take-Home Salary?

var.shri

The amount mentioned in the Minimum Wages Act should be considered as basic or take-home pay?

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If you have any further questions, feel free to ask.

Shrikant_pra

Minimum wages or any wage means the gross wages. Minimum wages adherence will depend on the rate of wages, not wages earned.

Nagarkar Vinayak L

Dear colleague,

The wages prescribed under the Minimum Wages Act are the rates of wages and not take-home wages, meaning that statutory deductions such as ESI, PF, professional tax, etc., are required to be made from it.

Regards,

Vinayak Nagarkar
HR Consultant

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