Dear All,
I have question about the composition of Wages and Salary. What would be the % of basic salary in case of Living wages / salary or Fair wages / Salary to the gross salary.
Regards,
Rahul
Bhup Kulkarni (s) 24 March 2014
Dear All,
I have question about the composition of Wages and Salary. What would be the % of basic salary in case of Living wages / salary or Fair wages / Salary to the gross salary.
Regards,
Rahul
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 24 March 2014
A.Sankaranarayanan (advocate) 25 March 2014
The word wages denotes that the amount paid to the WORKMEN after the completion of the work by the management,on the contrary the word SALARY denotes that the amount paid by the employer to the employee after the completion of the contract of service .Moreover the word Wages takes its position in the constitution of India as MINIMUM WAGES ACT,but no such act regarding SALARY