Minimum Wage 2024 Increase In India. The basic salary rule in india as of 2024 is at least 40 to 50% of the total salary package as per government regulations. Minimum wages for states across india.

India is set to replace its minimum wage system with a living wage by 2025, with the government seeking technical assistance from the international labour. The ministry of labor and employment has prepared a proposal to increase the minimum salary for contributions to the employees provident fund (epf) by increasing wages from the current 15,000.