In my company we have the following revised salary structure
Basic + DA = 45 %
HRA = 18 %
Washing = 10 %
Conveyance = 800/- month
Education allow = 200 /- month
other allowance = Remaining balance (to adjust)
now we are planning to deduct EPF only for Basic + DA, ( because we are cover all employee's to PF)
whether it is ok as per EPF act or any problem will arise.
Advise please dear seniors and experts.
From India, Madurai
15Basic + DA = 45 %
HRA = 18 %
Washing = 10 %
Conveyance = 800/- month
Education allow = 200 /- month
other allowance = Remaining balance (to adjust)
now we are planning to deduct EPF only for Basic + DA, ( because we are cover all employee's to PF)
whether it is ok as per EPF act or any problem will arise.
Advise please dear seniors and experts.
From India, Madurai
Use factoHR and automate your HR processes
Mobile-first hire to retire HR and Payroll software that automates all HR operations and works as a catalysts for your organisational growth.
In my company we have the following revised salary structure
Basic + DA = 45 %
HRA = 18 %
Washing = 10 %
Conveyance = 800/- month
Education allow = 200 /- month
other allowance = Remaining balance (to adjust)
now we are planning to deduct EPF only for Basic + DA, ( because we are cover all employee's to PF)
whether it is ok as per EPF act or any problem will arise.
Advise please dear seniors and experts.
From India, Madurai
Basic + DA = 45 %
HRA = 18 %
Washing = 10 %
Conveyance = 800/- month
Education allow = 200 /- month
other allowance = Remaining balance (to adjust)
now we are planning to deduct EPF only for Basic + DA, ( because we are cover all employee's to PF)
whether it is ok as per EPF act or any problem will arise.
Advise please dear seniors and experts.
From India, Madurai
Salary Calculation With OT ESI EPF ADV(1).xls
Epf circular on full salary 230317 Pension on full salary as per SC order 23.3.2017.pdf