Minimum Wages 1 January 2020 to 30 June 2020 REVISED SPECIAL ALLOWANCE and What to do when wages are not Paid for work done? Effect lockdown
1 January 2020 to 30 June 2020 REVISED SPECIAL ALLOWANCE What to do when wages are not Paid for work done? Effect lockdown 1 January 2020 to 30 June 2020 REVISED SPECIAL ALLOWANCE The notice of declaration of special allowance:- Under the Minimum Wages Act, 1949, a competent authority issues a notice announcing the amount of special allowance every six months. Revised Special Allowance rates for the six months from 1.1.2020 to 30.6.2020 are provided in the following notice. Minimum wage = Basic pay + Special allowance The minimum wage is the sum of base salary and special allowance. Establishments employing 50 or more workers have to pay minimum house rent allowance of 5% (minimum wage = basic salary + special allowance) over and above the minimum wages in Maharashtra. MINIMUM WAGES CALCULATION DA/SPECIAL ALLOWANCE JULY 2019 - DEC. 2019 How To calculate Minimum Wages Minimum wage = Basic pay + Special allowance The minimum wages are