In Hyderabad, India, the Minimum Wages and Variable Dearness Allowance (VDA) payable for the period of 01.04.2019 to 30.09.2019 are governed by the Telangana State Minimum Wages Act. It is crucial for employers to ensure compliance with these regulations to avoid any legal repercussions. Here is the breakdown of the minimum wages and VDA for different categories of workers during the specified period:
Minimum Wages and VDA Rates:
- Unskilled: Minimum wage per day - Rs. 333.20, VDA per day - Rs. 71.60
- Semi-Skilled: Minimum wage per day - Rs. 367.20, VDA per day - Rs. 71.60
- Skilled: Minimum wage per day - Rs. 401.20, VDA per day - Rs. 71.60
- Highly Skilled: Minimum wage per day - Rs. 443.70, VDA per day - Rs. 71.60
Compliance Steps:
1. Review the employment contracts and ensure that all employees are paid at least the minimum wages specified by the Telangana State government.
2. Calculate the VDA component accurately based on the prevailing rates for the respective category of workers.
3. Maintain detailed records of wages paid to employees, including the bifurcation between basic wages and VDA.
4. Regularly monitor updates on minimum wages and VDA to stay compliant with any changes in the regulations.
By following these steps and adhering to the prescribed minimum wages and VDA rates, employers in Hyderabad can maintain legal compliance and uphold fair labor practices.