Minimum wages of Maharashtra is as follow -
Basic = 5400. and Special allowance is 1004 is fixed.
My question is - basic + special allowance = we suppose to calculate ESI & PF or both should be separate ?
Now to calculate the salary break up for 6000/- take home.
which one is correct break up 1 or break up 2.
MONTHLY SALARY Break up - 1.
BASIC + DA 5400
HRA 541
MEDICAL 0
CONVEYANCE 0
CITY COMPENSATORY
/SPECIAL ALLOWANCE 1004
GROSS 6945
PF EMPLOYEE 648
ESI EMPLOYEE 122
PT 175
TAKE HOME 6000
PF EMPLOYER 735
ESI EMPLOYER 330
CTC 8010
MONTHLY SALARY Break up - 2.
BASIC + DA 6404
HRA 663
MEDICAL 0
CONVEYANCE 0
CITY COMPENSATARY
/SPECIAL ALLOWANCE 0
GROSS 7067
PF EMPLOYEE 768
ESI EMPLOYEE 124
PT 175
TAKE HOME 6000
PF EMPLOYER 872
ESI EMPLOYER 336
CTC 8275
Kindly suggest.
Regards
Vishvas
From India, Bangalore
Basic = 5400. and Special allowance is 1004 is fixed.
My question is - basic + special allowance = we suppose to calculate ESI & PF or both should be separate ?
Now to calculate the salary break up for 6000/- take home.
which one is correct break up 1 or break up 2.
MONTHLY SALARY Break up - 1.
BASIC + DA 5400
HRA 541
MEDICAL 0
CONVEYANCE 0
CITY COMPENSATORY
/SPECIAL ALLOWANCE 1004
GROSS 6945
PF EMPLOYEE 648
ESI EMPLOYEE 122
PT 175
TAKE HOME 6000
PF EMPLOYER 735
ESI EMPLOYER 330
CTC 8010
MONTHLY SALARY Break up - 2.
BASIC + DA 6404
HRA 663
MEDICAL 0
CONVEYANCE 0
CITY COMPENSATARY
/SPECIAL ALLOWANCE 0
GROSS 7067
PF EMPLOYEE 768
ESI EMPLOYEE 124
PT 175
TAKE HOME 6000
PF EMPLOYER 872
ESI EMPLOYER 336
CTC 8275
Kindly suggest.
Regards
Vishvas
From India, Bangalore
1897Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
Delhi - Minimum Wages w.e.f. 01.10.2012 (1).pdf
Minimum Wages in Maharashtra for the period January 2018 to June 2018.xls