Is minimum wage bifurcation void for pf deduction
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Is minimum wage bifurcation void for pf deduction

VIJAY YADAV Started The Discussion:

Hi!

Can we bifurcate minimum wage i.e Basic +HRA+ Con.and PF is deducted only on Basic????????????
We need your suggestions for the same. your prompt reply in this regard will be highly solicited.............................


Thanks & Regards
Vijay Yadav
9899989605

y.h.ahuja - Member Since: May 2009
HI Vijay Minimum Wage can be bifurcated as Basic+VDA. But the PF deduction has to be there on the Total of Basic+VDA with 12%. Regards

vineet_28387 - Member Since: Dec 2009
Dear VIJAY, PF duduct on BASIC+DA, with employees:12% & employers:12%. Minimum Wages can only bifurcated as Basic & D.A. With Regards, Vineet.

essykkr - Member Since: Dec 2008
Quote:
Originally Posted by VIJAY YADAV View Post
Hi!

Can we bifurcate minimum wage i.e Basic +HRA+ Con.and PF is deducted only on Basic????????????
We need your suggestions for the same. your prompt reply in this regard will be highly solicited.............................


Thanks & Regards
Vijay Yadav
9899989605
Yes it can be bifurcated there is recent judgment dated 7th Feb on the same issue by Punjab & Haryana High Court, which clear this point. search on forum to right side, centrainly you will find the judgment.

essykkr - Member Since: Dec 2008
it not a notification but its judgment passed by Hon’ble Punjab & Haryana High Court.

sriswarnad - Member Since: Aug 2007
Dear Vijay, If you are paying consolidated salary then the basic + DA should not cross more than 60%, on the 60% amount PF 12% can be deducted. regards

sethupathy-s - Member Since: Apr 2009
Here is the copy Sethupathy, Excellent HR Services, ERODE.


Attached FilesProvided by community member sethupathy-s. Join us to learn and grow with your peers.
File Type: pdf PF Judgement on Min Wages.pdf (64.7 KB, 800 views)
subhamay mullick - Member Since: Mar 2011
Is there any Act or Law where its clearly mentioning that Min wage cant be bifurcated or its consist only BASIC + DA? Please provide me some supporting if you have.

amitsonu - Member Since: May 2009
Does this also mention anywhere that how much should be the basic salary? is there a set formula to fix basic salary as per Law?

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