Is PF Amount Calculated On Incentives Earned

Dear Seniors,
We have one query :
1. Is PF amount calculated on Incentives earned during the month ?
Pls Guide & Advice

Hi Milind ,
PF Is always caluclated on Basic ,which does not have direct relation to the incentive . so as per my knowledge PF can not be caluclated incentives .
Regards
Viyannar

Hi Milind,
PF does caluclated on Basic only, and incentive have not any club Basic. If there will beany bifurcation will be in salary that it can be calculated.
Regards,
Kamesh Kumar KHATANA

Dear All,
Recently, we had the enforcement officer waking into our company, who reiterated that there PF needs to be calculated on the incentive as well if it is paid monthly. He also showed a citation to that effect. i am in search of that. He said the citation is available in the new edition of PF Act.
regards

Dear All
PF will be calculated on the basis on the fixed salary not with any variable component and incentives. The incentives will come under other earnings.
Regards
Bhuvana

Dear R S Biswal
Can you please post the new edition of PF Act which supports the incentives earned on monthly basis also to be included in calculating pf.
Thanks
Subiah
Chennai

Hi
Under NO circumstances Incentives can be added into calculating for PF Contribution...... let the officer show the Rule in PF MP Act 1952. It will be knowledgeable to us also....
PF is calculated only on BASIC + DA
Regards
H Singh

As per our PF Office in Chennai, whatever the employee is paid such as basic, da, conveyance allowance, attendance bonus, special allowance, INCENTIVE etc. will be taken for PF calculation except HRA, OT, Bonus, Commission etc. Is this right? Appreciate a response. Usuf Ali, Chennai

If you have the divided your salary structure between Basic,HRA,conv. etc. then you have to pay the PF only on Basic Salary else it will be calculated on Gross.
But in both the cases you may deduct maximum PF of Rs. 780 per employees if their salary is exceeding by Rs6500 per month.
Regards
Sanjeev Kwatra

my salay 10000 my incentive 3000 monthly what my esi amount