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Pf issues
Dear all friends. i want to clarify whether it is compulsory that pf deduction will be made on the minimum wages. the wages can not be splited. the pf deptt. is directing that minimum wages can not be bifurcated in various heads. pf deductions will be done on minimum wages. are there any orders have been passed by any court. please provide me the same. thanks & regards sheetal gupta sheetalgupta.associatesgmail.com
Pf not to split mw of pf contribution
In short this notification says that dont split minimum wages basic da while calculating pf contribution basic wages or pf applicable wages. it means minimum pf applicable wages must equal to minimum wages basic da or can be more than minimum wages. regards parisa
Splitting of minimum wages for the purpose of pf contribution not permissible.
Dear friends.. enclosed find a clarification given by the add. central pf commissioner i.r.o pf contribution on minimum wages and clearly instructed employer not to splitt minimum wages for the purpose of pf contribution. regards. jawed alam.
Fitment as per minimum wages
Dear all there is certain amount in minimum wages act in different states. my query is that how do we build a ctc as per minimum wages. a is the minimum wages which is basic salary should be the ctc? b the basic salary should comply with minimum wages or the ctc should comply with the minimum wages? pls help thanks amit
Splitting of minimum wages for the purpose of pf contribution not permissible
I would like to post a very recent circular from the employees provident fund organisation which insists that for the purpose of pf contributions the minimum wages should not be bifurcated. that means if an employee is paid the statutory minimum wages the whole of the said amount will attract pf contribution. please find the attachment. regards madhu.t.k
Bifurcation of minimum wages
Dear all as per new pf guide line the splitting of minimum wages further into basic hra conveyance and other allowances is not allowed rather the entire minimum wages should be considered as basic for the purpose of pf calculation. but i have gone through a recent judgement on that by the high court of punjab and haryana where it has clearly stated that minimum wage can be further splitted into basic hra conveyance and other allowances and thus pf contribution should be calculated on bifurcated basic less than minimum wages. can someone guide me the actual scenario and what structure should i follow in making of the salary structure? regards dg