When the Govt. says basic minimum wages does that mean basic and the D.A. or is it the basic alone. Is EPF claculated on the basic alone or on the Basic and D.A. together.
Dear Mr Pankaj,
Don't contradict your own statement in two different threads. Please check your answer in the Thread " I need urgent help ...". It's either PF on basic or Basic + DA. Please clarify?
Regards
Dear All,
PF is deducted on basic salary plus DA only. PF deduction does not cover HRA/CCA/ Transport allowence/ lunch allowence/OT/ bonus and any payment of like natue including cash awards. However leave encashments attract PF deductions.
I am satisfied with pon 1965's answer
PF is on Basic + DA + Cash value for food (if any) + Retaining allownace (if any)
No any other item will include in it.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute