Whether basic salaries and gross salaries can be the same, if we consider basic salary as per minimum wages?

Pls help to clarify "Whether basic salaries and gross salaries can be the same", if we consider basic salary as per minimum wages.
Telangana minimum wages Rs 335/day so total in 26 days Rs 8710 if I pay basic salary Rs 8710 we have to pay 12% Pf of that amount and 1.75% ESI .
I have not pay HRA & other allowances, Is it compliance or not ?? pls confirm.
2nd April 2019 From India, Hyderabad

Add Reply → Start New →

sharmavk05

Dear Sandeep, In the given situation, you are correct. No need to pay for any other allowance. Thanks,
2nd April 2019 From India, Delhi

ravi5554

427

Dear Sandip, As per Maharashtra Minimum wages 5% HRA is must accordingly check with your state Minimum wages act. In some states laws HRA payable is Mandatory.
3rd April 2019 From India, Mumbai

Anonymous

Since you are paying full minimum wages as basic salary you need not pay any other allowances. R R Kapoor Vadodara
5th April 2019 From India, Vadodara

Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.

Other Discussions That May Be Relevant

Does notice pay deduction should be equal to basic pay or gross pay?

Percentage of basic & da on total gross salary

Esic calculation - is it on the basic salary or on the gross amount?

Related Files & Downloads Shared By Members