Is it acceptable to have only 30% of the gross salary as basic pay under current Indian wage laws?

It is legally acceptable to have only 30% of the gross salary as basic pay under current Indian wage laws, as there is no fixed rule mandating a minimum basic salary percentage. However, the total basic pay must meet or exceed the notified minimum wage.

Shekar Ganagaluru's Books

---

---

K. VITTALA RAO's HR Books