I need clarification about EPF, our company going to start EPF
Our company employees pay scale is as
Salary structure is
Basic, HRA, SP. Allow, Transport Allow, Out of Duty Allowance, Tell. Allow.
a) Basic 2000, HRA 800, Spl Allo. 50, Transport Allow. 800, Tel. Allow. 350 = 4000 + Meal Cash 500
b) Basic 23000, HRA 9200, Sp. Allow. 2000 Transport Allow 800. = 35000+ Sodexo Meal Voucher 3000
Calculation is on Basic 23000x12% 2760/- + 8.33% 1916/- + 844/- = 5,520/- is correct
How to calculate the a) & b) we are not giving DA.
so please am requesting you to all give a fast reply
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