As long as the basic pay is always above the minimum wage + variable DA, do I need to include a salary component named DA in the payslip, that is adjusted every year?
If a component named DA is mandatory, can I keep it high at 25%, so that periodic revision is not necessary.
NB: The basic salary itself is above the mandatory minimum wage (including DA) for the post.
From India, Kottayam
1If a component named DA is mandatory, can I keep it high at 25%, so that periodic revision is not necessary.
NB: The basic salary itself is above the mandatory minimum wage (including DA) for the post.
From India, Kottayam
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Shops and commercial establishment minimum wages act tamilnadu 2019-2020.pdf
A.P SHOPS&ESTB MINIMUM WAGES UPTO 31-03-2020.xls