Chartered Accountant
14243 Points
Joined February 2009
WAGES means
· Expressed or Implied Monetary Payment in terms of Contract of Employment and includes House Rent Allowance.
WAGES DO NOT INCLUDE
· House Accomodation, Supply of necessities like Light, Water and Provision of Medical Attendence and Other Amenity or Service specifically excluded by the Appropriate Government.
· Contribution made to Pension Fund or Provident Fund or under any scheme of Social Insurance
· Travelling Allowance or the value of any Travelling Concession
· Special Allowances provided based on the nature of Employment
· Gratuity Payable