Business Studies, asked by poojalodha844, 6 months ago

"What are the emoluments earned by the employees which are not not come under the definition of

""Basic Wages"" in Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, (i) All

emoluments which are earned by an employee while on duty or on leave or on holidays with wages in

either case in accordance with the terms of the contract of employment and which are paid or payable in

cash to him (ii)The cash value of any food concession (iii) Any dearness allowance, house-rent allowance,

overtime allowance, bonus, commission or other similar allowance payable to the employee in respect of

his employment or of work done in such employment; (iv) Any presents made by the employer;"​

Answers

Answered by shivanibhandari2612
0

Explanation:

Basic Wages is defined as all emoluments earned by an employee on duty or on leave/holiday with wages in accordance with the terms of the contract of employment. It does not include the cash value of food concessions, dearness allowance, house-rent allowance, overtime allowance and any presents made by the employer.

hope it's useful

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