what is the minimum wage rate for skilled unskilled labors in karnataka, and how much we have to deduct PF amount from labor working on minimum wage rate? we are contractor in a steel plant. in minimum wage rate is it a basic amount for PF deduction?
From India, Bangalore
From India, Bangalore
Dear
For knowing the latest minimum wage rates in Karnata, you can visit the nearest office of labour department near you. Apart from this the provident fund contribution is required to be deducted atleast on the minimum wage of the worker in case he has been paid with minimum wages and the higher amount if paid with higher wage (Basic) subject to a maximum of Rs. 6500/- (Basic). Minimum Wage is the the basic salary for deducting PF Contribution.
From India, Mumbai
114For knowing the latest minimum wage rates in Karnata, you can visit the nearest office of labour department near you. Apart from this the provident fund contribution is required to be deducted atleast on the minimum wage of the worker in case he has been paid with minimum wages and the higher amount if paid with higher wage (Basic) subject to a maximum of Rs. 6500/- (Basic). Minimum Wage is the the basic salary for deducting PF Contribution.
From India, Mumbai
Find 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.
HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls