New employee joined with a salary of $17,000. Can we show Basic + DA = $15,001 and HRA = $1,999, totaling $17,000 as a breakup? Is such a salary breakup allowed?
The employee is a fresher, and since he is above the PF bracket, the firm decided to provide him only with ESI. Is everything correct, or should there be any amendments?
From India, Bengaluru
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The employee is a fresher, and since he is above the PF bracket, the firm decided to provide him only with ESI. Is everything correct, or should there be any amendments?
From India, Bengaluru
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It is okay as it complies with the ratio of apportionment of the basic component in the wage structure as per the definition of wages u/s 2(y) of the Code on Wages, 2019 likely to be effective from April 01, 2021.
From India, Salem
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6108From India, Salem
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Below breakup is consider ?? Basic+da. + hra+ other benefits = 21005.(gross) So employee covered in esic or only we deduct pf , pt ? Rather then pf, pt, esic.
From India, Ahmedabad
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From India, Ahmedabad
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