Dear Friends,
Is special allowance(conveyance, performance incentive) be part of basic wage for calculating PFsalary.
For example person with (Basic wage : 14000, HRA 3000, conveyance 2500, performance incentives 1000).So his EPF can be 14000x12% = 1680 or 17500x12% =1800
Please advise us..
Regards
ARUN

From India, Chennai

Get a holistic view of Project Management that would cover modern tools & techniques →
Promoted: XLRI - Executive Development Program in Project Management for Senior Professionals (Explore Course)

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply →






About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHRô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server