Dear All Basic wages + DA should not less than Minimum wages. For detail you can refer to minimum wages Act. Ranjeet
From India, New Delhi
30From India, New Delhi
Hi Kiran,
Thanks for the efforts putin by you. As per the breakup given by you, even then the inhand salary is less than the min. wage quoted for Delhi (unskilled) = Rs. 3312/- (feb 07 not yet aware). So my query remains the same.
How to get the salary break up for Rs. 3400/- which is legally correct?
Thanks & Regards,
Sashmita
From India, Delhi
Thanks for the efforts putin by you. As per the breakup given by you, even then the inhand salary is less than the min. wage quoted for Delhi (unskilled) = Rs. 3312/- (feb 07 not yet aware). So my query remains the same.
How to get the salary break up for Rs. 3400/- which is legally correct?
Thanks & Regards,
Sashmita
From India, Delhi
Dear Amit,
Thanks for the clarification, that means break up of Rs. 3400/- can be in following way:
Basic: 1360
HRA: 680
Conv: 800
other allow: 680
Please confirm as the total "wage" is equal to 3400/-.
Sashmita
From India, Delhi
Thanks for the clarification, that means break up of Rs. 3400/- can be in following way:
Basic: 1360
HRA: 680
Conv: 800
other allow: 680
Please confirm as the total "wage" is equal to 3400/-.
Sashmita
From India, Delhi
Dear Sashmita,
Sorry for late reply.
But the sum total of these figures comes more than 3400/-. So you can make it like this also-
Basic: 1000
HRA: 500
Conv: 800
other allow: 1100
Because paying more Basic may lead to more PF deduction and less in hand, but these employees are already getting less so we should try to make it like that they should get more in hand salary.
Hope it will be fine with you.
Regards,
Amit Seth.
From India, Ahmadabad
Sorry for late reply.
But the sum total of these figures comes more than 3400/-. So you can make it like this also-
Basic: 1000
HRA: 500
Conv: 800
other allow: 1100
Because paying more Basic may lead to more PF deduction and less in hand, but these employees are already getting less so we should try to make it like that they should get more in hand salary.
Hope it will be fine with you.
Regards,
Amit Seth.
From India, Ahmadabad
Hi,
Can u help me getting a salary structure with Basic, HR, Conveyance, Medical reimbursement and Special allowance components for a candidate who has 3 yrs of experience in IT.
It would be of gr8 help if you could help me please as i am new in this department I would like to know the actual salary slab at Mysore for IT professionals too.
Regards
Sheelu
From India, Bangalore
Can u help me getting a salary structure with Basic, HR, Conveyance, Medical reimbursement and Special allowance components for a candidate who has 3 yrs of experience in IT.
It would be of gr8 help if you could help me please as i am new in this department I would like to know the actual salary slab at Mysore for IT professionals too.
Regards
Sheelu
From India, Bangalore
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Salary-Note.doc
SALARY SHEET CALCULATION.xls