Dear Sir,
Thanks for the reply, but if DA is not considered for PF calculation,can we consider it for EL calculation or only Basic we have to consider.
Thanks & Regards,
Dear Ponaraj,
Thanks for the reply, but if DA is not considered for PF calculation,can we consider it for EL calculation or only Basic we have to consider.
Thanks,
Sir
I understand that DA also forming part of PF, if a company salary break up is only Basic+DA and Basic is considering for PF deduction. Now based on the above i have to calculate by considering Basic only is it right?.
Thanks,
Based on the above discussion i understood that u r company, for PF calculation only Basic is taking into consideration it seems.....if it is so that calculation is worng where Basic+DA both has to consider for calucating PF contribution.
so u r agreeing that PF calcuation is worng. And for EL calculation u want to continue the same mistake agin by taking only basic??
whether it is EL or PF, both Basic+DA need to consider.
We have a practice of keeping the salary components as follows for staff and executives.
Basic 40%, DA 20%, HRA 20%, Conveyance 20%
Whether this structure is any way violating a rule? Pleace clarify
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