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Minimum wage for minmum pay towards pf contribution
Dear sir/ma am as per minimum wage act for up the minimum wage for unskilled labor is rs.7215. so can i bifurcate this amount as 4000 as basic2000 as hra 1215 as other allowance. so that i have to deduct and pay pf contribution 12 of 4000 rs. 480
Pf contribution on minimum wage
Hello friends we are running a facility management co. and are primarily in to housekeeping and maintenance. presently many of our staff are employed on minimum wages. now my question is like this; can minimum wage be broken down further in to basic hra. since pf is not applicable on hra can an exemption be sought? is there any court ruling which will be able to support this claim. illustration: the current minimum wage is rs. 150/ is it legal to have basic rs. 115/ hra rs. 35/ please advice
Minimum contribution period for pf withdrawal
Dear all i work in a company where there are many daily wage earning labourers. few labourers work for just 23 months and leave the job. we have been depositing pf contribution promptly. my query is that if any labourer who has worked for less than 6 months wants to withdraw his pf is it allowed or is their any clause in pf laws specifying minimum contribution period required to withdraw pf.
Judgment for minimum wage act-airfreight case
Dear memberes feedback is urgent the interesting point is the court said that the total wage paid to the employee including the wage is the criterion the interesting point is the court said that the total wage paid to the employee including the wage is the criterion.. if you go through the judgment you can see when the employer pays more than any sum fixed under minimum wage act there is no illegality. under the pf act only for basic and da the contribution is payable but there is no provision in the act that minimum contribution payable under the act. in absence of that whatever is agreed under contract of employment it will prevail kindly give me your feed back urgent
Haryana minimum wage and pf-esic arrears
Dear seniors we are in a trading company located in delhigurgaon. for minimum wages in gurgaon haryana we are calculating it on basic and basic is half of minimum wage. my problem is: we have not revised minimum wage from july 2016 on wards and paying salary and pf as per jan 2016 wage rate till dec 2016. reason iswe were unable to find any update of minimum wage revision from july 2016 onward. in this case what what to? my hr manager is asking to revise all 6 months salary sheets as per july minimum wage and asking to submit pf as arrears he is asking to submit pf on the difference of revised basic and all old basic. i am unable to understand how to implement this idea? please suggest what to do? and do we need to submit pf and esic both... and what would be the calculation of this type of regards nishu
Queries on epfo- revised basic wage limit on which pf contribution will be done
"from 1st september 2014 the epfo has revised the basic wage limit on which pf contribution will be done from rs.6500 to rs.15000" q1. if rs. 15000 is upper basic wage limit on which pf contribution will be done is there minimum wage limit too? example: if basic wage is > x and <15000 then employee is eligible for pf what is the value of x? q2. pf is calculated on 12 of basic da or 12 of basic da conveyance other allowance etc. heads of pay which are included for pf calculation and excludes house rent allowance bonus etc. heads of pay which are excluded for pf calculation as per the provisions of the pf act? q3. if employee basic salary is 20000 and he wishes a pf deduction is here eligible? if yes then will it be mandatory for employer to contribute as wellgiven that employer would not pay more than 12 15000 1800.