Hi, can anyone guide me on which parameters we should include or exclude when calculating the minimum wages for the CLC annual return? For example, should we consider basic salary, HRA, allowances, bonus, gratuity, and the employer's contribution towards the EPF?
You can include only fixed part of salary which are paid monthly like basic wages, DA, HRA and Conveyance. Incentives, annual bonus, contributions payable by the employer etc are not salary.
From India, Kannur
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Understanding minimum wages and salary components compliance Dear all please advise on the correct definition of minimum wages. our local labor consultant claims that minimum wages mean only basic d.a. he says all the other salary... 2 Replies0 Files2 Participants