There is a news that the PF rules would now include the entire salary and not just the basic salary. I am looking for clarifications on which salary components would be included when calculating the PF as per the new proposed rule
From India, Pune
From India, Pune
The proposal to re-notify definition of 'basic wages' under the Employees Provident Fund & Miscellaneous Provisions Act 1952. i.e allowances to be clubbed with basic wages for the purpose of PF deductions. As of now, this is just a proposal and notification not yet arrived
From India, Bangalore
192From India, Bangalore
Not now. On amendment in EPF&MP Act 1952.
Please view the link given below:
https://www.citehr.com/461687-pf-set...-not-just.html
From India, Mumbai
Please view the link given below:
https://www.citehr.com/461687-pf-set...-not-just.html
From India, Mumbai
In the forum previously we have talk lot about this stated news, since everyone should be agreed that Matter of surya roshni ltd. vs rpfc gwalior is still subjudice before supreme court of india , let the judgement come then only conclusion can be drawn but all should also be agreed that rpfc , press various lower & high court have no jurisdiction over supreme court of india, so wait for it rather to draw any conclusion which only misguided the forum.The reference which was quoted several time eg office order from EPFO, which is only order of CPFC to their officials for speedy disposal of the cases which were lying pending u/s 7a of epf & misc. provision act.
Thanks & Regards,
from,
Sumit Kumar Saxena
From India, Ghaziabad
Thanks & Regards,
from,
Sumit Kumar Saxena
From India, Ghaziabad
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Employees' PF Appellate Tribunal Procedure Rules 1997.pdf
PF WITHDRAWAL RULES.zip