Dearness Allowances - Salary
This query is : Resolved
Gireesh Hegde
(Querist)
22 April 2010
Hi,
PLease let me know, whether the Dearness allowance is compulsory salary component for private sectors as per any act??or not?
Thanks.
Gireesh
PLease let me know, whether the Dearness allowance is compulsory salary component for private sectors as per any act??or not?
Thanks.
Gireesh
CA Ashok Kumar Sahu
(Expert)
23 April 2010
DA IS NOT COMPULSORY COMPONENT OF SALARY.
COMPONENT OF SALARY DEPEND ON COMPANY WISE.
COMPONENT OF SALARY DEPEND ON COMPANY WISE.
Gireesh Hegde
(Querist)
23 April 2010
Thanks for your reply..the reason for asking this question is thetlast week one of the labour Department officer visited to our client office and he was telling them that "the DA is the compulsory salary component and amount of Rs.1395/- should be payable to all the employees every month - as per some acts"
CA Ravi Sisodia
(Expert)
23 April 2010
Not compulsory
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