Nelsonthomas9102
Hr Executive
SUSSEELAA
Asst Manager Hr

Hi ,Can any one clarify does PF to be computed on all the allowances of the salary as per latest notification issued as per the attachment enclosed herewith..or only on the Basic +DA. As per the notification is the amendment applicable for all the establishments?
Thanks

From India, Chennai

Attached Files
File Type: pdf EPFO _ Forwarding of important judgment in the matter of Civil Appeal No....pdf (605.4 KB, 113 views)

Hi Suseela,
If the monthly basic salary is less than Rs.15,000/- for the employee, then the PF computation should be on the basic salary and the associated allowances, except the house rent allowance and any bonus amount added. The maximum deduction should be up to Rs.1800/-, even if the calculations exceed this figure.
The employer PF contribution should also be on the same lines.
But if the basic salary is more than Rs. 15,000 per month, then the usual 12% of the basic salary calculation would be sufficient.

From India, Bengaluru
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