Vinaykumar07
Human Resource
Vikasdeepa_arora
Human Resource Advisor

I want to have your opinion on following PF issue.

As per Karnataka Minimum Wages Act for Machine Shops the minimum wages were as under :-

FOR 26 DAYS OF WORKING

MONTHLY PER DAY WAGES

SKILLED LABOUR BASIC – 1430.00 BASIC – 55.00

VDA - 1249.30 VDA - 48.05

_____________ ______________

TOTAL - 2679.30 TOTAL – 103.05

__________ _______________

SEMI-SKILLED LABOUR

BASIC – 1274.00 BASIC – 49.00

VDA - 1249.30 VDA - 48.05

_______________ ______________

TOTAL - 2523.30 TOTAL - 97.05

________ ______



UN-SKILLED LABOUR

BASIC - 1122.00 BASIC – 43.15

VDA - 1249.30 VDA - 48.05

_____________ ________________

TOTAL - 2471.30 TOTAL - 96.20

_____________ _________________

AS PER THE PF ACT WE HAVE TO DEDUCT AND DEPOSIT PF ON BASIC WAGES or Gross Minimum Wages ? Can we biffurcate VDA into HRA, CON.& Washing Allowance etc., and deduct and deposit PF on Basic Wages as mentioned in Minimum Wages Act?

Sir, your early expert opinion shall certainly help us in finalising this valuable issue, as different lawyers/consultants are having different views on it.

Thanking you, expecting a reply soon.
9th April 2006 From India, Hyderabad
Dear Vinay,
PF is always deducted on Basic Salary and it is statutory deductions till the Basic Salary of Rs. 6500/- and above this it is at the sweet will of the Management to go ahead with this deductions OR you can say above the basic salary of Rs. 6500/- it is a kind of benefit which Company extends to employees.
Can i have the abbreviation of VDA.
Deepa
9th April 2006 From India, Gurgaon
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