Minimum Wage

Recent Amendments And Notifications In July 2024 Affecting Employers And Payroll Calculation! SGC Regulatory Bulletins

SGC Services, Payroll Company [NOIDA, India] – Please be advised of the recent amendments and notifications affecting employers and payroll calculation in July 2024 onwards. As we move into August 2024, there are several important amendments and notifications that employers need to be aware of when it comes to payroll calculations and compliance. These updates […]

Minimum Wage

Jharkhand (Basic) minimum wages – SGC Services

This is to inform you that the basic minimum wage in Jharkhand has been revised, with effect from March 11, 2024. The amended rates for all the categories are as below:- JHARKHAND SHOPS AND COMMERCIAL ESTABLISHMENTS With effect from 11.03.2024 S.NO Classification of regions of Jharkhand UNSKILLED SEMI-SKILLED SKILLED and CLERK HIGHLY SKILLED Daily Monthly […]

Minimum Wage

Tripura minimum wages – SGC Services

This is to inform you that the minimum wages in Tripura have been revised with effect from 01st April 2024. The amended rates for all categories are as follows: The amended rates for all the categories are as below:- TRIPURA Minimum Wages Rates for Shops and Establishment Effective for the period From 01/04/2024 Sl.No. Category […]

Minimum Wage

Kerala (CPI Index) minimum wages – SGC Services

We would like to inform you that the minimum wages in Kerala based on the CPI Index have been revised, effective from June 2024. The amended rates for all the categories are as below:- KERALA Shops and Commercial Establishments Minimum Wages Rates for Cochin w.e.f 1st Dec ‘2016 S.NO CLASS OF EMPLOYMENT Monthly BASIC DA […]

Minimum Wage

Meghalaya minimum wages – SGC Services

This is to inform you that the Minimum wages in Meghalaya have been revised with effect from 01ST April 2024. The amended rates for all the categories are as below:- MEGHALYA Minimum Wages Rates for Shops and Establishment Effective for the period From 01.04.2024 S.no Category Minimum Wage + Revised VDA 1 Highly Skilled Rs. […]

Minimum Wage

Maharashtra (Special Allowance) minimum wages – SGC Services

We are pleased to inform you that the Minimum Wages in Maharashtra Special Allowance has been revised with effect from 01st July 2024. The amended rates for all categories in Maharashtra Shops and Commercial Establishments are as follows: MAHARASHTRA SHOPS AND COMMERCIAL ESTABLISHMENTS MINIMUM WAGES Category ZONE I ZONE II ZONE III Basic Special Allowances […]

Minimum Wage

Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) (Amendment) Rules, 2024 – SGC Services

Please note that the Government of Maharashtra has recently made an amendment to the Maharashtra Shops and Establishments Regulation of Employment and Conditions of Service Rules 2018. The amendment, outlined in Notification No. MS/EA/08/2021/CR/153/Labour-10 dated July 22, 2024, requires establishments to include an insurance certificate in various forms and schedules. This amendment, published in the […]

Minimum Wage

Punjab minimum wages – SGC Services

This is to inform you that the Minimum wages in Punjab has been revised with effect from 01st March 2024. The amended rates for all the categories are as below:- PUNJAB SHOPS AND COMMERCIAL ESTABLISHMENTS Minimum Wages Rates w.e.f 01/03/2024 S.NO Categories w.e.f 01/03/2024 Per Day Monthly 1 Unskilled 419.22 10899.82 2 Semi-skilled 449.22 11679.82 […]

Minimum Wage

Kerala (CPI Index) minimum wages – SGC Services

This is to inform you that the Minimum wages in Kerala (CPI Index) has been revised with effect from May’2024. The amended rates for all the categories are as below:- KERALA Shops and Commercial Establishments Minimum Wages Rates for Cochin w.e.f 1st Dec ‘2016 S.NO CLASS OF EMPLOYMENT Monthly BASIC DA (w.e.f May’2024) TOTAL Special […]

Minimum Wage

Odisha minimum wages – SGC Services

This is to inform you that the Minimum wages in Odisha has been revised with effect from 18th July 2024. The amended rates for all the categories are as below:- ODISHA SHOPS AND COMMERCIAL ESTABLISHMENTS Minimum wages rates effective from date of notification 18.07.2024 S.NO Category Revised minimum rates of wages per day 1 Unskilled […]

Minimum Wage

Andaman & Nicobar minimum wages – SGCServices

We would like to inform you that the minimum wages in Andaman and Nicobar have been revised, effective from 1st July 2024. The amended rates for all the categories are as below:- ANDAMAN AND NICOBAR Minimum Wages Rates Effective for the period From 01st July 2024 S.No Categories Minimum wages per day 1 Unskilled Rs. […]

Minimum Wage

West Bengal minimum wages – SGC Services

This is to inform you that the Minimum wages in West Bengal has been revised with effect from 01st July 2024. The amended rates for all the categories are as below:- WB Minimum Wages Rates for Shops and Establishment Effective for the period From 01/07/2024 to 31/12/2024 S.No Categories of Employees MONTHLY MINIMUM RATES OF […]

Minimum Wage

Assam Minimum Wages – SGC Services

We would like to inform you that the minimum wages in Assam have been revised, effective from 1st December 2023. The amended rates for all the categories are as below:- ASSAM SHOPS AND COMMERCIAL ESTABLISHMENTS Minimum wages w.e.f 01st December 2023 S.NO Category of workers/Employees Wages Per Day Wages per Month Previous VDAs cumulated New […]

Minimum Wage

Goa minimum wages – SGC Services

Please be advised that the minimum wage in Goa has been updated as of April 1st, 2024. The amended rates for all the categories are as below:- GOA SHOPS AND COMMERCIAL ESTABLISHMENTS Minimum Wages Rates S.NO CATEGORY OF WORK Minimum Wages Rates Per-Day (Zone A) (w.e.f 11.08.2023) Per-Day (Zone B) (w.e.f 11.08.2023) Per-Day (VDA) w.e.f […]

Minimum Wage

Kerala (CPI Index) minimum wages – SGC Services

We would like to inform you that the minimum wages in Kerala based on the CPI index have been revised, effective from April 2024. The amended rates for all the categories are as below:- KERALA Shops and Commercial Establishments Minimum Wages Rates for Cochin w.e.f 1st Dec ‘2016 S.NO CLASS OF EMPLOYMENT Monthly BASIC DA […]

Minimum Wage

Notification for Maharashtra Labour Welfare Fund (Amendment) Act, 2024 – SGC Services

The Maharashtra Labour Welfare Board has recently issued a public notice as a reminder to all employers in the state to adhere to the amended Labour Welfare Fund (LWF) rates, effective from June 2024. The half-yearly contribution rates have been revised as follows: Per Employee Contribution Rate: Rs 25 Employer’s Contribution Rate per Employee: Rs […]

Minimum Wage

PF Interest Declared for FY 2023-2024 – SGC Services

In a recent notification issued by the EPFO (Employee Provident Fund Organization) with Notification No INV 11 2 2021 INV 1460 dated 31st May 2024, it has been declared that the rate of interest for the financial year 2023-2024 in the Provident Fund Account maintained with EPFO is 8.25%. This announcement will impact all individuals […]

Minimum Wage

Revised Uttar Pradesh Minimum Wages – SGC Services

We would like to inform you that the minimum wages in Uttar Pradesh have been revised, effective from 1st April 2024. The amended rates for all the categories are as below:- UP Minimum Wages Rates for Shops and Establishment Effective for the period From 01/04/2024 to 30/09/2024 S.NO Category Basic Dated 01.10.2023 to 31.03.2024 (Total […]

Minimum Wage

Recent Amendments And Notifications In April 2024 Affecting Employers and Payroll Calculation ? SGC Regulatory Bulletins

SGC Services, Payroll Company [NOIDA, India] – Please be advised of the recent amendments and notifications affecting employers and payroll calculation in April 2024. It is important to stay informed about the changes in labor laws and regulations. Attached is the Regulatory Bulletin for April 2024, which includes updates such as the collection of Labour […]

Minimum Wage

Kerala (CPI Index) minimum wages – SGC Services

Please be advised that the minimum wages in Kerala based on the CPI index have been revised as of March 2024. The amended rates for all the categories are as below:- These rates are applicable to all industries and establishments in Kerala. Employers are required to ensure that their workers are paid at least the […]