bifurcation of minimum wages for PF
CiteLegal
 
HOME RISE NEW ABOUT LOGIN
Home > Human Resource Section > Labor & Employee Relations

bifurcation of minimum wages for PF

ashish bansal Started The Discussion:

hi
Can any one tell whether I can bifurcate Minimum wages in 2 parts Like Basic = 67% and Hra 33 % and Deduct PF on Basic Wages
I am doubtful that the pf officials can force me to deposite the dues on full minimum wages
please help

abha_sngh - Member Since: Aug 2008
Dear All pls help me out what are tha minimum and maximum salary on which we can deduct ESI and PF and when ESI will be exumpted. pritty_sngh@yahoo.com Abha

skantha - Member Since: Mar 2008
Dear Ashish,

What you are doing is correct nothing to worry. You need not to pay pf on entire minimum wages. As the act MW act says wage=basic+da+hra. And what pf act says wage= basic+da+value of food concession+retaining allowance. did you find any hra component in pf wage. So you need not to do so.

Found This Useful? +Vote Up This Page Via Google.  

Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.






Explore Topical Knowledge Areas

Interesting Relevant Discussions


DISCUSSSION STATISTICS


1303
VIEWS

2
REPLIES

PLEASE KEEP YOUR CONDUCT PROFESSIONAL AND POLITE


3M Users, 100K+ Documents & 450K+ Discussions

Share »

Community Support & Professional Insights. Login or Register.
Email/Username     Password  

About Us - Advertise - Contact Us - RSS   On Google+  
All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network