Apologies to miss info.
This is with reference to Karnataka govt wherein Minimum Wages has been revised for all employers covered under ‘Shops and Commercial Establishments' vide notification dated 30-Dec-2017.
Also, I've uploaded attachment.
From India , Chandigarh
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1This is with reference to Karnataka govt wherein Minimum Wages has been revised for all employers covered under ‘Shops and Commercial Establishments' vide notification dated 30-Dec-2017.
Also, I've uploaded attachment.
From India , Chandigarh
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Dear Krish,
Please peruse Page #4. Apart from the minimum wages (Basic) as mentioned in the notification, VDA payable is Rs 367.20 till 31/03/2018.
Method of calculation of VDA:
2017 CPI Points: 6843-6537-306 Points
306 x 0.04 Paisa x 30 Days = Rs 367.20
Furthermore, effective from 01/04/2018, basic minimum wages will remain the same. However, VDA will change based on an increase in Consumer Price Index Points.
From India, New Delhi
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Please peruse Page #4. Apart from the minimum wages (Basic) as mentioned in the notification, VDA payable is Rs 367.20 till 31/03/2018.
Method of calculation of VDA:
2017 CPI Points: 6843-6537-306 Points
306 x 0.04 Paisa x 30 Days = Rs 367.20
Furthermore, effective from 01/04/2018, basic minimum wages will remain the same. However, VDA will change based on an increase in Consumer Price Index Points.
From India, New Delhi
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Gazatted Notice of Revised VDA of Minimum Wages in Odisha.pdf