If you want any act so you can follow minimum wages act in which you will fixed amount of basic & da and other part of salary you can calculate as per your company rules
From India
From India
Nowadays PF office seems to be insisting Basic to be mandatory 50% of CTC if the basic amount is 15000 or less than 15000. My questions :
1. Is this a general rule and implemented consistently?
2. This seems to happen only when there is a scrutiny.
Last but not the least, are there formal notifications from the Labor ministry.To me,this pressure from PF office looked like a local and personal push from the local PF commissioner and over enthusiastic officers.
Can someone give some opinion which is backed by documents from labor ministry.
Santosh
1. Is this a general rule and implemented consistently?
2. This seems to happen only when there is a scrutiny.
Last but not the least, are there formal notifications from the Labor ministry.To me,this pressure from PF office looked like a local and personal push from the local PF commissioner and over enthusiastic officers.
Can someone give some opinion which is backed by documents from labor ministry.
Santosh
can anybody help me to prepare salary structure for monthly salary of Rs. 75000/- with minimum tax
From India, Ahmedabad
From India, Ahmedabad
Dear All, In west bengal, as per the minimum wages notification, mw amount should be maintained in basic & DA column.
From India, Kolkata
From India, Kolkata
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