Minimum Wages in Lakshadweep

The minimum wages for the union territory of Lakshadweep were made effective from 1st November 2019.

The newly revised minimum wage rates are,

Minimum wages, made effective from 01.11.23:
EMPLOYMENTS
CATEGORY
BASIC AMOUNT
(PER DAY)
VDA
(PER DAY)
TOTAL
(PER DAY)
UnskilledRs. 293.00Rs. 124.80Rs. 417.80
Semi-skilledRs. 324.00Rs. 124.80Rs. 448.80
SkilledRs. 381.00Rs. 124.80Rs. 505.80
Highly skilledRs. 392.00Rs. 124.80Rs. 516.80

Salary Structure For Minimum Wage Workers in Lakshadweep

If you are an HR professional aiming to develop a comprehensive wage structure for your minimum wage workers, you are at the right place!

Our customized templates will assist you in creating compensation plans, catering to the needs of various classes of workers, i.e., Unskilled, Semi-skilled, and Skilled.

Salary Structure for Unskilled Labour: Under Minimum Wage in Lakshadweep
CTC600000
Minimum Wages12510
Basic Salary Structure
ComponentsFormula
AllowanceBASIC + DA25000
HRA12500.00
LTA1250.00
SP11250.00
Gross Salary50000.00
Ad-hoc AllowanceMonthly Bonus4150.00
ContributionEmployee PF1800
Employee ESI0
LWF Employee3
DeductionEmployee PF1800
Employee ESI0
LWF Employee15
PF Admin Charge150
PT150
Salary on Hand46082
Note: Copy this BASIC + DA value to perform the Salary Structure Calculation
Calculated Basic + DA25000
Salary Structure for Semi-skilled Labour: Under Minimum Wage in Lakshadweep
CTC600000
Minimum Wages13440
Basic Salary Structure
ComponentsFormula
AllowanceBASIC + DA25000
HRA12500.00
LTA1250.00
SP11250.00
Gross Salary50000.00
Ad-hoc AllowanceMonthly Bonus4150.00
ContributionEmployee PF1800
Employee ESI0
LWF Employee3
DeductionEmployee PF1800
Employee ESI0
LWF Employee15
PF Admin Charge150
PT150
Salary on Hand46082
Note: Copy this BASIC + DA value to perform the Salary Structure Calculation
Calculated Basic + DA25000
Salary Structure for Skilled Labour: Under Minimum Wage in Lakshadweep
CTC600000
Minimum Wages15150
Basic Salary Structure
ComponentsFormula
AllowanceBASIC + DA25000
HRA12500.00
LTA1250.00
SP11250.00
Gross Salary50000.00
Ad-hoc AllowanceMonthly Bonus4150.00
ContributionEmployee PF1800
Employee ESI0
LWF Employee3
DeductionEmployee PF1800
Employee ESI0
LWF Employee15
PF Admin Charge150
PT150
Salary on Hand46082
Note: Copy this BASIC + DA value to perform the Salary Structure Calculation
Calculated Basic + DA25000
Salary Structure for Highly Skilled Labour: Under Minimum Wage in Lakshadweep
CTC600000
Minimum Wages15480
Basic Salary Structure
ComponentsFormula
AllowanceBASIC + DA25000
HRA12500.00
LTA1250.00
SP11250.00
Gross Salary50000.00
Ad-hoc AllowanceMonthly Bonus4150.00
ContributionEmployee PF1800
Employee ESI0
LWF Employee3
DeductionEmployee PF1800
Employee ESI0
LWF Employee15
PF Admin Charge150
PT150
Salary on Hand46047
Note: Copy this BASIC + DA value to perform the Salary Structure Calculation
Calculated Basic + DA25000

Source: https://lexcomply.com/rsjadmin/news/

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