Hi Team,
1) My Salary is 14000. Basic - 5000, HRA - 5000, LTA - 2000, Children Education Allowance - 500, Medical Allowance - 1500, Conveyance - 1000.....is this package looks fine?
2) As per new PF rule as per above package PF should be deducted on 5000 ( basic) or 10000 ( basic + LTA + CEA + Medical + Convy ) ?
22nd May 2019 From India
Hi All,
I am looking for answer, can anyone reply me please?
23rd May 2019 From India
Dear Friend,
Your PF will deduct on all allowances except HRA, as per your inputs PF deducts on 10,000.
23rd May 2019 From India, Mumbai
Pf should deduct all allowance except HRA, So you can deduct Basic + all allowance*12% for epf deduction........
23rd May 2019 From India,
Hi Ravi & Murugan,
1) Sorry so say but still you don't know the correct answer still you replied - Correct reply is - On all these allowances - ( BONUS ALLOWANCE, VARIABLE PAY, GIFT VOUCHER, EDUCATION ALLOWANCE,CHILD HOSTEL ALLOWANCE, SUPERNATION ALLOWANCE, LTA REIMBURSEMENT, MEAL REIMBUSMENT ) PF will not be applicable
2) I asked two question point wise but you guys replied in one liner. If Basic and HRA are same is that okay?
Looking for expert replies.
23rd May 2019 From India
Hi Team,
Can anyone reply me please?
24th May 2019 From India
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