Wishing you a happy and prosperous New Year 2012. As you know, the Industrial DA from 1.10.2011 onwards is 52% for the 1.1.2007 scale and 156.6% for the 1.1.1997 scale. From 1.1.2012 onwards, it is enhanced to 56.7% (a difference of 4.7%) for the 1.1.2007 scale and 164.6% (a difference of 8%) for the 1.1.1997 scale.
Regards,
Abbas.P.S, ITI Ltd, PALAKKAD - 678 623. Ph. [Phone Number Removed For Privacy Reasons]
From India, Bangalore
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530Regards,
Abbas.P.S, ITI Ltd, PALAKKAD - 678 623. Ph. [Phone Number Removed For Privacy Reasons]
From India, Bangalore
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Minimum Wages Revision – January 2012 to June 2012
Dear All, this is to inform you that the rates of Minimum Wages are revised for the period from 1st January 2012 to 30th June 2012. The Special Allowance is revised from Rs. 1783.50 to Rs. 2004.90 (an increase of Rs. 221.40 per month). The details are as follows:
FOR CONSTRUCTION OF ROADS / BUILDING
MAHARASHTRA ZONE-I
- Unskilled
- Basic P.M.: Rs. 4750.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6754.90
- Per Day (Divided by 26): Rs. 259.80
- Semi Skilled
- Basic P.M.: Rs. 4850.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6854.90
- Per Day (Divided by 26): Rs. 263.65
- Skilled
- Basic P.M.: Rs. 4950.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6954.90
- Per Day (Divided by 26): Rs. 267.50
MAHARASHTRA ZONE-II
- Unskilled
- Basic P.M.: Rs. 4550.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6554.90
- Per Day (Divided by 26): Rs. 252.11
- Semi Skilled
- Basic P.M.: Rs. 4650.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6654.90
- Per Day (Divided by 26): Rs. 255.96
- Skilled
- Basic P.M.: Rs. 4750.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6754.90
- Per Day (Divided by 26): Rs. 259.80
MAHARASHTRA ZONE-III
- Unskilled
- Basic P.M.: Rs. 4350.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6354.90
- Per Day (Divided by 26): Rs. 244.42
- Semi Skilled
- Basic P.M.: Rs. 4450.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6454.90
- Per Day (Divided by 26): Rs. 248.27
- Skilled
- Basic P.M.: Rs. 4550.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6554.90
- Per Day (Divided by 26): Rs. 252.11
Regards
From India, Pune
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Dear All, this is to inform you that the rates of Minimum Wages are revised for the period from 1st January 2012 to 30th June 2012. The Special Allowance is revised from Rs. 1783.50 to Rs. 2004.90 (an increase of Rs. 221.40 per month). The details are as follows:
FOR CONSTRUCTION OF ROADS / BUILDING
MAHARASHTRA ZONE-I
- Unskilled
- Basic P.M.: Rs. 4750.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6754.90
- Per Day (Divided by 26): Rs. 259.80
- Semi Skilled
- Basic P.M.: Rs. 4850.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6854.90
- Per Day (Divided by 26): Rs. 263.65
- Skilled
- Basic P.M.: Rs. 4950.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6954.90
- Per Day (Divided by 26): Rs. 267.50
MAHARASHTRA ZONE-II
- Unskilled
- Basic P.M.: Rs. 4550.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6554.90
- Per Day (Divided by 26): Rs. 252.11
- Semi Skilled
- Basic P.M.: Rs. 4650.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6654.90
- Per Day (Divided by 26): Rs. 255.96
- Skilled
- Basic P.M.: Rs. 4750.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6754.90
- Per Day (Divided by 26): Rs. 259.80
MAHARASHTRA ZONE-III
- Unskilled
- Basic P.M.: Rs. 4350.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6354.90
- Per Day (Divided by 26): Rs. 244.42
- Semi Skilled
- Basic P.M.: Rs. 4450.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6454.90
- Per Day (Divided by 26): Rs. 248.27
- Skilled
- Basic P.M.: Rs. 4550.00
- Spl. Allowance P.M.: Rs. 2004.90
- Per Month: Rs. 6554.90
- Per Day (Divided by 26): Rs. 252.11
Regards
From India, Pune
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Request for Assistance with VDA Calculation
Could someone please help me? I have recently joined a manufacturing company, and this year, we want to introduce VDA. Kindly suggest how to calculate it and provide a brief description of VDA.
Thanks & regards,
Venkat
From India, Visakhapatnam
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Could someone please help me? I have recently joined a manufacturing company, and this year, we want to introduce VDA. Kindly suggest how to calculate it and provide a brief description of VDA.
Thanks & regards,
Venkat
From India, Visakhapatnam
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Minimum Wages DA revisioon 2009-2010.pdf
Minimum Wages Basic-DA.xls