Dear Sir,
We have graduate skilled employees in Delhi, covered under the Delhi Shop & Establishment Act, whose salaries range between Rs. 6000.00 to Rs. 30000.00. According to the Minimum Wages Act, a skilled graduate should be paid Rs. 4650.00. If the company is paying more than the minimum wages, what will be the formula for the amount on which Provident Fund deductions should be made?
Thank you.
From India, New Delhi
We have graduate skilled employees in Delhi, covered under the Delhi Shop & Establishment Act, whose salaries range between Rs. 6000.00 to Rs. 30000.00. According to the Minimum Wages Act, a skilled graduate should be paid Rs. 4650.00. If the company is paying more than the minimum wages, what will be the formula for the amount on which Provident Fund deductions should be made?
Thank you.
From India, New Delhi
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.