We are a service organization, have started operations in rural parts of uttarakhand.
We follow min wages guidelines and comply to them. however would like to have clarity on 2 specific things.
1) As per Revised MIn Wages- Uttarakhand has min basic wage of 90.38 and V.D.A of 62. so total of 152.38.
In other words should i safely say 152.38*30 =4572.
Now please suggest Employers PF contribution should be what.
should it be above 4572 ?
should it be deducted from 4572 ?
and how PF should be calculated for this specific example