Dear All can we split Minimum wages into different components to deduct PF on reduced Basic? i hope your early reply on the above matter regards Boppudi Venu
From India, Bangalore
From India, Bangalore
Dear Bappudi ji, You can not split minimum wages in to different components, in my view.
From India, Mumbai
From India, Mumbai
Thank you very much to Mr. Korgaonkar and Ashish for your replies. It is also my firm belief not to split minimum wages to deduct from reduced basic pay at the expense of low-level employees' meager salaries, as they are already struggling in this challenging economic climate affecting all commodities. Despite one of my organization's consultants advocating for the splitting of minimum wages, we are against this proposition.
Regards,
Boppudi Venu
From India, Bangalore
Regards,
Boppudi Venu
From India, Bangalore
Where is it written that we cannot split minimum wages? Please provide a reference to the relevant Act/Rule.
Please try to understand that the Provident Fund Act and the Minimum Wages Act both fall under the labor ministry, but the higher authorities are different. If the government does not want anyone to split minimum wages, they should consider changing or amending the Minimum Wages Act.
Regards,
Ram
From India, Delhi
Please try to understand that the Provident Fund Act and the Minimum Wages Act both fall under the labor ministry, but the higher authorities are different. If the government does not want anyone to split minimum wages, they should consider changing or amending the Minimum Wages Act.
Regards,
Ram
From India, Delhi
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