Hi Seniors!
I am working for an MSME manufacturing unit, where we have staff and workers in Maharashtra. I would like to know if the minimum wages criteria are followed. Do you have to consider this minimum wages amount only in BASIC + DA? For example, if the minimum wages for skilled workers is Rs. 10,600, do we have to consider basic + DA as Rs. 10,600 and deduct PF on this amount, or consider less under BASIC + DA and adjust the balance amount in other allowances? This is because many would prefer to take home more pay presently rather than accumulating in PF.
Thanks, LISHA.
From India, Pune
I am working for an MSME manufacturing unit, where we have staff and workers in Maharashtra. I would like to know if the minimum wages criteria are followed. Do you have to consider this minimum wages amount only in BASIC + DA? For example, if the minimum wages for skilled workers is Rs. 10,600, do we have to consider basic + DA as Rs. 10,600 and deduct PF on this amount, or consider less under BASIC + DA and adjust the balance amount in other allowances? This is because many would prefer to take home more pay presently rather than accumulating in PF.
Thanks, LISHA.
From India, Pune
You have not clarified whether you are paying only minimum wages stipulated under the Act or paying more than the minimum wages. If you are paying only minimum wages, you have to pay EPF contribution on the same.
From India, New Delhi
From India, New Delhi
you will not bifurcate Basic + Da as per your convenient. It will be breach of Law.
From India, Pune
From India, Pune
We are paying more than the minimum wages. Also, is the same law applicable to both, staff & workers ?
From India, Pune
From India, Pune
You are paying your workers or staff more than minimum wages but you can’t bifurcate Basic + Da ( Normal Earning).
From India, Pune
From India, Pune
Also, is the same law applicable to both, staff & workers ? Please frame your question correctly-Same law means what?
From India, New Delhi
From India, New Delhi
Dear Srinath,
You have not clarified whether you are paying only the minimum wages stipulated under the Act or paying more than the minimum wages. We are paying more than the minimum wages. Minimum wages are applicable only to workers, or for both, i.e. staff and workers?
Thanks,
From India, Pune
You have not clarified whether you are paying only the minimum wages stipulated under the Act or paying more than the minimum wages. We are paying more than the minimum wages. Minimum wages are applicable only to workers, or for both, i.e. staff and workers?
Thanks,
From India, Pune
category of Employees to Minimum Wages applicable is mentioned in the notification.Please check the same with regard to your Workers and Staff
From India, New Delhi
From India, New Delhi
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