What is the definition of minimum wages after the Code of Wages Act? Any changes impact.
There is always confusion whether basic + DA equals minimum wage or if basic is equal to minimum wages. The reason behind this confusion is that DA changes every 6 months in Maharashtra, which is applicable to factories (engineering).
Minimum wages are as follows, with DA at 4536/-:
- Skilled: 11,255
- Semi Skilled: 10,160
- Unskilled: 9,000
From India, Delhi
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1There is always confusion whether basic + DA equals minimum wage or if basic is equal to minimum wages. The reason behind this confusion is that DA changes every 6 months in Maharashtra, which is applicable to factories (engineering).
Minimum wages are as follows, with DA at 4536/-:
- Skilled: 11,255
- Semi Skilled: 10,160
- Unskilled: 9,000
From India, Delhi
Acknowledge(0)Amend(0)
Dear Colleague,
'Wages' under MW Act are defined to include both Basic wages and Dearness Allowance (Special Allowance). Although the DA varies periodically, it still forms an integral part of the term 'wages'.
Regards,
Vinayak Nagarkar
HR and Employee Relations Consultant
From India, Mumbai
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'Wages' under MW Act are defined to include both Basic wages and Dearness Allowance (Special Allowance). Although the DA varies periodically, it still forms an integral part of the term 'wages'.
Regards,
Vinayak Nagarkar
HR and Employee Relations Consultant
From India, Mumbai
Acknowledge(0)Amend(0)Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Minimum Wages in Maharashtra for the period January 2018 to June 2018.xls
Minimum Wages Maharashtra 01.01.2020 to 30.06.2020_Mara thi Version.pdf