Dear all,
As per my yesterdays blog maharashtra-minimum-wages-increase Final Notification where in we had uploaded the final notification of the revised basic of Shop & establishment in this regards i have been receiving calls & emails in regards to what is the final Minimum Wages to be taken in to consideration.
In regards to the above queries i would like to draw your attention that whenever the minimum wages are revised a new Basic wages is declared & in regard to same it was finalised after 9 years now a new Special allowance will be declared on 5th Aug 2019 effective 1st July 2019
Based on the above the New Minimum Wages will be ( New Basic+New Special allowance + HRA( 5 % Minimum as per Maharashtra Minimum Hra Act if Employee count is more then equal to 50)
I would advise that once the new special allowance will be declared on 5th of Aug 2019 after that only make all the changes in the salary structure etc & give the difference of the same as arrears in Aug 2019 salary.
if any query pls drop me email on prakash@pcsmgmt.com
