Can anyone help me with the category in which employees of an IT firm would fall in the Shops and Commercial Establishment list of Karnataka, 2013-14? Is there a minimum basic pay defined? If there is a minimum basic pay, is it okay to rework on the other salary components so that the CTC would remain the same?
From India, Bangalore
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1From India, Bangalore
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IT industries in Karnataka fall under the Karnataka Shops & Commercial Establishments Act, and there are no subcategories. As per the Karnataka Shops & Commercial Establishments Act, there are minimum wages for all types of industries, and we should adhere to them. We must ensure that the basic wage is not lower than the minimum wages specified by the act. Other components should be adjusted accordingly.
From India, Bangalore
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Hi Enclosed is the minimum wages for various categories for Karnataka shops act
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Karnataka Minimum Wages Act, 2017.pdf