EPF calculation - As per the new wage code how to calculate PF and on which component?

barri

Hello, As per the new wage code how to calculate PF and on which component Basic HRA Conveyance Allowance Medical Allowance Special Allowance Above these components what are excluded/included.
10th May 2021 From India, Hyderabad

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Nanu1953

Ceo-usd Hr Solutions

Barri

Assistant Manager In Payroll

nanu1953

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As per new Social Security Code, PF contribution will be on Wages ( Basic +DA) only @10% . This will be effective after Government notification for application date.

S K Bandyopadhyay ( WB, Howrah)
CEO-USD HR Solutions,

11th May 2021 From India, New Delhi

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EPF calculation - As per the new wage code how to calculate PF and on which component?

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