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ayaan80
2

Dear All,
Since the latest limit to PF is 15000.
PF is 12% of basic and da. I want to know if there is a said percentage of basic to the overall CTC, like basic should be 40% or 50% of CTC.
Please help.

From India, Mumbai
arpnmeet@gmail.com
23

As per PF notification, Basic should be 55% to 60%, not less than this. Pl make sure when you prepare CTC, basic should be in above criteria.
From India, Mumbai
vltreddy999
8

Dear Arpan Naik, Pl provide PF if any for basic fixation of 55 to 60% , or any citations from court to that effect, it will be useful fro our professionals
From India
arpnmeet@gmail.com
23

Dear All, Here is attached file for PF amendments which may be useful to everyone.
From India, Mumbai
Attached Files (Download Requires Membership)
File Type: pdf PF_New_Letter.pdf (10.9 KB, 560 views)

vltreddy999
8

Dear Sir, The attached information is our personal opinions , If have any official circular or any notification from PF dept or Govt we be more useful.
From India
nareshmurthyaca@gmail.com
which PF notification is being referred that prescribes 55%-60% Basic salary in CTC ?
From Australia
Raana Jitendra Pratap Singh
It appears that a lot of changes may be brought about in the labour legislations including ESI and others. I came across a PF directive in Rajasthan asking inspectors to compile a list of all who have deducted PF on Basic Salary of 50% or less of CTC.
Though there is no legislation on how much the Basic salary should be as a % of CTC, the above could be indicative of the probability of legislation coming about in the future.
Keeping Basic salary above 51% of CTC should be fine
Raana Jitendra Pratap Singh
Head HR, Girnar Software Pvt Ltd

From India, New Delhi
sumitk.saxena
252

there is no such direction in the act that certain %age should be kept for basic salary but bifurcation is done only on the basis of taxation liabity . but it is the accepted and factual view that basic should not be less than the prescribed minimum wage of the state.
thanks & regards,
from,
sumit kumar saxena

From India, Ghaziabad
pbskumar2006
590

Dear Mr. Arpan ji,
There is no such % of basic etc., for PF. But there is only notification " Minimum Wages should not be split ", i.e. (Basic + VDA) as notified by the appropriate Govt.
Regards,
PBS KUAR

From India, Kakinada
rdas78@ymail.com
1

Dear Sir, I would like to know that as the ceiling has been increased from 6500/ to 15000/ is this applicable for all the states.
From United States, Cedar Knolls
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