Dear All,
Our company is in chennai and we have 130 employees. We had a PF inspection in our office and i had provided all the required files and documents which he required. Now the problem is after seeing our salary paper he says and every employee should pay PF for 6500. around 36 employees are getting a basic salary below 6500. The PF officer says that other than HRA we need to consider all the other break up and pay the PF also he said that in the salary breakup around 70% of the amt should be the basic pay. Now i really don't understand what i have to to do. Is there any revised basic pay rule?
Please help me in this regard.
Our company is in chennai and we have 130 employees. We had a PF inspection in our office and i had provided all the required files and documents which he required. Now the problem is after seeing our salary paper he says and every employee should pay PF for 6500. around 36 employees are getting a basic salary below 6500. The PF officer says that other than HRA we need to consider all the other break up and pay the PF also he said that in the salary breakup around 70% of the amt should be the basic pay. Now i really don't understand what i have to to do. Is there any revised basic pay rule?
Please help me in this regard.