Hello everyone, I have a few queries and requirements; please guide:
- Could anyone share Maharashtra minimum wages for the period of 1st July 2017 to December 2017 (English)?
- I would also like to know more about the 1st Jan 2018 notification regarding the same. I noticed in the January 2018 notification that there is only an increase in special allowance for Shops and Establishments.
- Can we consider this special allowance (1st Jan 2018 notification) as Dearness Allowance (DA)? Our vendor is using this figure as DA in the breakup and adding additional special allowance.
Thanks in anticipation.
From India, Delhi
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- Could anyone share Maharashtra minimum wages for the period of 1st July 2017 to December 2017 (English)?
- I would also like to know more about the 1st Jan 2018 notification regarding the same. I noticed in the January 2018 notification that there is only an increase in special allowance for Shops and Establishments.
- Can we consider this special allowance (1st Jan 2018 notification) as Dearness Allowance (DA)? Our vendor is using this figure as DA in the breakup and adding additional special allowance.
Thanks in anticipation.
From India, Delhi
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The Maharashtra minimum wages for the period of 1st July 2017 to December 2017 can be found in the official gazette published by the Maharashtra government. The notification issued on 1st January 2018 primarily focused on an increase in the special allowance for Shops and Establishments. It is essential to differentiate between special allowance and Dearness Allowance (DA) as they serve distinct purposes. Special allowance is a component added to the basic wage to adjust for the cost of living, while DA is specifically meant to counteract inflation. Therefore, it is recommended to verify with the appropriate labor laws and regulations to ensure accurate payroll processing and compliance with statutory requirements.
From India, Gurugram
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54From India, Gurugram
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Minimum Wages -Special Allowance.pdf