Plz let me know whether we include ESI & PF in the mimimum wage rate applicable in a region.
For eg in delhi for unskilled workers Minimum wage rate is Rs 3633/-. Does this Rs 3633/- include PF & ESI Deductions.
Plz help, this is urgent.
Rgds/Rakhee
From India, Madras
1For eg in delhi for unskilled workers Minimum wage rate is Rs 3633/-. Does this Rs 3633/- include PF & ESI Deductions.
Plz help, this is urgent.
Rgds/Rakhee
From India, Madras
A particular minimum rate of wage quoted is gross and before deduction of ESI, EPF etc. Therefore, if the minimum wages of unskilled workers is Rs 3633, then it is gross and you can deduct ESI and EPF at the prescribed rates (1.75% and 12% respectively) from it and pay the net to the worker.
Regards,
Madhu.T.K
From India, Kannur
Regards,
Madhu.T.K
From India, Kannur
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