Hi Vg,
You have shared the set of wage types.
Now you have to check that how statutory contribution will be calculated or there have any specific allowance which will be triggered to specific employees or work based etc.
Like those Basic is more 20000 for them PF calculation will be on PF basis those are equal to less than 15k then only 15K.
So design will be taken based upon details requirement.
Think and design.
Regards,
Sankarsan