No such directive. PF is deducted on Basic and DA. Basic and DA should not be less than minimum wages applicable. Whether person is on monthly wages or on daily wages there should be component of Basic salary.
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Let me clear that EDLI contribution is a part of amount disbursed by employer which is calculated autometicly on the basis of EDLI wages at the time of PF challan generation @ 0.5%. Now, employer contribution is 13% therein 8.33% goes to EPS, 3.67 goes to PF, 0.5% goes to admin. charges & 0.5% goes to EDLI.
Statutory minimum Bonus is calculated on the caping of 7000/- @ 8.33%.
As per shop & stablishmet act - Employee is liable to get 05 days leave for every 60 days working only if he has completed 3 month of his continous job.
So, I think at the time of salary prepration, you need to calculate their PF, ESIC, PT & advance deduction if any as well considering caping amount prescribed under the act.