ashish bansal
hi
Can any one tell whether I can bifurcate Minimum wages in 2 parts Like Basic = 67% and Hra 33 % and Deduct PF on Basic Wages
I am doubtful that the pf officials can force me to deposite the dues on full minimum wages
please help

From India, Lucknow
skantha
2

Dear Ashish,
What you are doing is correct nothing to worry. You need not to pay pf on entire minimum wages. As the act MW act says wage=basic+da+hra. And what pf act says wage= basic+da+value of food concession+retaining allowance. did you find any hra component in pf wage. So you need not to do so.

From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.