Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hi Seniors
In delhi minimum wage uis 6656.00. So how is possible to deduct EPF becoz pf ceiling is 6500.00 basic per month.
Please guide me as I was working in HAryana state and Delhi fundamental is new to me.
Thanks & Regards

From India, Delhi
Dear Shalu,
there are 2 option.
1. You can get the exemption from PF
2. you can deduct 780/- from the employee salary and contribute 780 from employer side.(Making 6500/- as the wage ceiling , i.e, 12% 0f 6500 is 780/- )

From India, Mumbai
Sir If we take exemption from pf then what is the formalities of returns I mean what are the process or forms for monthly returns , Annual Returns etc.
Please guide me the forms numbers which we have to sent EPFO office,

From India, Delhi
Dear Sunil,
In my assessment, this is the total gross salary, and PF is deducted only on Basic Salaries, you may fix basic salary from 50% to 80% of 6656/- amount, and then deducted 12% of that amount.
Manish Bali
MSL,(jindal grp.)

From India, Delhi
BUt I have check online that minimum wage rate is 256.00 per day for Delhi region. So minimum wage is basic salary I think/
From India, Delhi
no minimum wage is not basic salary its totly depend upon your company policy. you can break it in different component.
From India, Calcutta
Yes ...Sunil I agree with may be confused with basic and minimum must prepare salary break up as per your company policy. Manish Bali Manager - HR/IR Jindal group of Cos.
From India, Delhi
Dear manish & Sarvesh,
Minimum wages is combination of Basic pay + VDA(Rate decided based on the Cost of living index for particular state) .
Basic wage can be equal or more than the minimum wages only.
Any company policy will follow the minimum wages for basic wage fixation.

From India, Mumbai
Dear Seniors,
tell me how time the labour low applicable in India. i mean first time in India or world. and name of all labour lows in construction and o&m work. please tell me.
Thanks & Regards

From India, Ambala
No, Mr. k_shenbagarajan, Please read latest judgment for spliting of minimum wages are permitted. Regards, Sarvesh
From India, Calcutta
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™