I want to know that is grade pay part of basic wages for EPF deduction. if there is any amendment is such case plz provide me copy of notification
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"Grade Pay" is a unit in the structure of monetary compensation for employment and it indicates the category/class of the employee. This is added to the basic pay to determine the amount of all other allowances including D.A. Therefore, in my opinion it should also be taken into a/c for computation of EPF subscription.
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