Hello ... Senior pls help my friend confused me in this matter - Our company has fixed the basic salary less than the minimum wage of Haryana. But our payable amount ( net payable ) to employee's is more than the minimum wage . I want to know that basic salary must be minimum wage or not . We are registered in Haryana.
Regards,
Amit Mba
From India, Gurgaon
Regards,
Amit Mba
From India, Gurgaon
Hi Amit,
It's mandatory that Basic Wage should be equal to the Minimum Wages applicable for a particular state. It doesn't make any difference whether gross wages, net payable amount is more than the Minimum wages specified.
Amitava
From India, Calcutta
5It's mandatory that Basic Wage should be equal to the Minimum Wages applicable for a particular state. It doesn't make any difference whether gross wages, net payable amount is more than the Minimum wages specified.
Amitava
From India, Calcutta
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Reg minimum wage.pdf