Hi, Can any1 pls tell me, tht hw much should be the basic salary in maharashtra according to the minimum wages act... regards, rachna
From India, Mumbai
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From India, Mumbai
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Dear Rachna, PFA Minimum Wage Circular of Maharasatra State w.e.f July’2010 to Dec’2010 industrywise in Marathi
From India, New Delhi
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68From India, New Delhi
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Revised Minimum Basic Wages as of August 6, 2010
The minimum basic wages were revised on August 6, 2010, for a few sectors by the Deputy Commissioner of Labour. For companies under the Factory Act and residuary industries, the minimum basic is Rs. 4500/- plus Rs. 562/- Special Allowance. The House Rent Allowance (HRA) will be 5% of the basic and Special Allowance.
Regards,
Shibu Krishnan
From India, Pune
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The minimum basic wages were revised on August 6, 2010, for a few sectors by the Deputy Commissioner of Labour. For companies under the Factory Act and residuary industries, the minimum basic is Rs. 4500/- plus Rs. 562/- Special Allowance. The House Rent Allowance (HRA) will be 5% of the basic and Special Allowance.
Regards,
Shibu Krishnan
From India, Pune
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Please let me know in which category of employment your industry falls, e.g., Engineering, Retail, Hospital, Shop, etc. The rate of minimum BASIC is different for different industries. The rates quoted by Mr. Kapil Devji are the rates of dearness allowance (special allowance) to be paid over and above the basic salary.
From India, Nagpur
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From India, Nagpur
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Classification of Industries in Maharashtra
In total, there are 64 industries classified by the Maharashtra Government. Basic and Special allowances are classified according to these 64 industries. The only common factor is The Maharashtra House Rent Allowance Act of 1983, which is applicable to all industries, with HRA payable at a rate of 5% of Basic + Special Allowance.
Regards,
Shibu
From India, Pune
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In total, there are 64 industries classified by the Maharashtra Government. Basic and Special allowances are classified according to these 64 industries. The only common factor is The Maharashtra House Rent Allowance Act of 1983, which is applicable to all industries, with HRA payable at a rate of 5% of Basic + Special Allowance.
Regards,
Shibu
From India, Pune
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