Applicable Minimum Wages (Central) for Fy 2018-19

Highly Skilled
S. No. Description % Unit Rate
A Monthly Payments 27,573
1 Basic+ DA ( As per Min wages) Rs. 710 per day 21,300
2 DA ( If applicable)
3 HRA
TOTAL - A ( Gross) 21,300
B STATUTORY DEDUCTIONS :
1 Provident Fund 12% 2,556
2 ESIC 4.75% 373
3 Professional Tax A/R
4 LWF A/R
TOTAL - B 2,929
C NET Monthly Cash in Hand (Without Leave & Bonus) 18,371
D STATUTORY PAYMENTS-Employer Part
1 Provident Fund 13.36% 2,846
2 ESIC 4.75% 1,012
TOTAL - D 3,857
E Bonus
1 1 month basic p.a. 8.33% 1,774
TOTAL - E 1,774
F LEAVE COMPENSATION :
1 Leave wages ( 18L +11H )
2 NH - 5 days 341.35
TOTAL - F 341
G Gratuity
1 Gratuity 4.81%
TOTAL - G -
H Other Expenses
1 Uniform, Shoe & Safety Jockets 200
2 Group Insurance (Accidental / Mediclaim) 100
3 Background Check & LWF (If Any)
TOTAL - H 300
I TOTAL ( A + D + E + F + G+H ) 27,573
J Reliever Charges
Total 27,573
J Management Fee (if Any)
K TOTAL (I+J) 27,573
Net Total 27,573
L Contractor's Overheads 8.0%
K TOTAL (I+J) 27,573