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Epfo circlular dated 30-11-2012Dear all today in newspaper we saw epfo circular dated 30112012 don t know if it is approved yet or not but i would like to discuss about the same with professionals having better understanding on pf. 1. any idea by when this may get in action as they are mentioning that pf should not be calculated in basic it should be basic all allowances. this way the take home amount will reduce drastically this may have serious repercussions for junior staff. 2. do we have a possibility that employees who are currently part of pf and got his salary increase to a basic of 6600/ can that person opt out of pf within the same organization please check and respond. need help from all the professional as this may impact most of us. best regards monika marwah Maharashtra new special allowance from jan-2012 till june-2012Please find herewith attached copy of circular dated 03022012 issued by the office of the commissioner of labour mumbai. vide the said circular the special allowance dearness allowance declared under minimum wages act1948 for the period of 01012012 to 30062012. this for your information and necessary action pls.