hukkli
1

Hi, Up to Rs.15000 PF deduction is implemented or what (Except HRA). If implemented we can consider 40% of HRA on Basic and DA salary Please Suggest
From India , Bangalore
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Saswatabanerjee
Partner - Risk Management

saswatabanerjee
2357

Your question is not clear I suggest you give all details of the matter and make your question clear Else you will not get a suitable response
From India, Mumbai
hukkli
1

Monthly Fixed salary is.14625, on this gross 50% of amount consider as Basic and DA wages, and we have deducted PF on only Basic and DA wage, 40% of PF wage consider as HRA

in this salary breakup is legally ok or what, please suggest.

From India , Bangalore
saswatabanerjee
2357

There is no legal restriction on how much HRA should be, so there is no problem with that part. However, 40% and 50% equals 90% What happened to the balance 10%?
From India, Mumbai
hukkli
1

Thank you sir Balance 10% plan for other allowance
From India , Bangalore
saswatabanerjee
2357

Then you need to pay PF on 60% not 50%
From India, Mumbai
hukkli
1

Yes sir thanks for suggestion
From India , Bangalore

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