Q. What are the components of wages as per Minimum Wages Act, 1948? Is it just Basic + D.A + HRA or other allowances are also included?

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Question added Oct 24, 2019 Internal Audit By Karan Sabberwal, CA, New Delhi
What are the components of wages as per Minimum Wages Act, 1948? Is it just Basic + D.A + HRA or other allowances are also included while calculating wages?

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