Can I Bifurcate minimum wages into Basic, HRA, COnveyance Allowance and Medical Allowance?
For E.G. 295 is minimum wagws now can i do as bellow
Basic : 150
HRA : 60
Medical : 30
Conveyance : 55
--------
Total 295.
Harsh Trivedi 16 August 2016
Can I Bifurcate minimum wages into Basic, HRA, COnveyance Allowance and Medical Allowance?
For E.G. 295 is minimum wagws now can i do as bellow
Basic : 150
HRA : 60
Medical : 30
Conveyance : 55
--------
Total 295.
jyotirmaya behera (advocate) 16 August 2016
Minimum wages means you have to pay sum over and above of a particular salary. As per your query what you have mentioned that are the other allowance including basic salary. But only Rs. 150 is minimum wages.
Jyotirmaya Prasad Behera
Advocate, Orissa High Court
Mob:- 9132319262
PC Agrawal (PCS) 18 August 2016
EPFA Tribunal vide order dated 30.11.2015 has permitted splitting of minimum wages for PF purpose. Earlier Punjab & Haryana High Court in its order dated 20.7.2011 had also permitted splitting of minimum wages. However, the matter is presently pending before Supreme Court for final decision.
Harsh Trivedi 27 August 2016
Thank You Sir.
Partha Bhowmick (SR Ex) 28 August 2016
Dear Harsh,
Try to maintain the thumb rule used by many industry expert.
Gross=MW
Above will solve all your problems and adhere the statutory compliances.
Regards
Partha