Is minimum wage bifurcation void for pf deduction - hr services
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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 - Contributing Member
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 - Contributing Member
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 - Contributing Member
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 - Contributing Member
it not a notification but its judgment passed by Hon’ble Punjab & Haryana High Court.

sriswarnad - Contributing Member
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 - Contributing Member
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, 772 views)
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 - 
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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