Dear All,
As per notification to revise minimum wages some time break up of Basic and DA given in it. Basic is generally fixed and revised in stipulated time. where as DA is revised in every six month as per regional consumer price index.
Earlier we were also facing the problem for making some payment to worker, which are to be calculted based on basic salary,
We find it clear from RLC (C) Guwahati, now we are receiving the notification for revision of DA w.e.f. 01 April and 01 October every year, where as basic is fixed since 2009 i.e. USW - Rs. 120, SSW- Rs.140 and SW Rs. 170 and DA is revised in every six month.
The above figures are based on Central Govt. Rate. It may vary state to state, but it is confirmed that basic contain all the allowances i.e.HRA, conveyance etc and DA depends on regional consumer price index.
Minimum wages mean sum of Basic and DA. Any thing more than minimum wages paid to workers depend upon the financial condition of an organisation or productivity of the worker, which must be fall in the category of either fair wages or living wages.
Regards
Madan Mohan Bhatt
Manager - HR/Admin