Is Minimum Wage Bifurcation Void For Pf Deduction

VIJAY YADAV
Hi!
Can we bifurcate minimum wage i.e Basic +HRA+ Con.and PF is deducted only on Basic????????????
We need your suggestions for the same. your prompt reply in this regard will be highly solicited.............................
Thanks & Regards
Vijay Yadav
9899989605
y.h.ahuja
HI Vijay
Minimum Wage can be bifurcated as Basic+VDA.
But the PF deduction has to be there on the Total of Basic+VDA with 12%.
Regards
vineet_28387
Dear VIJAY,
PF duduct on BASIC+DA, with employees:12% & employers:12%. Minimum Wages can only bifurcated as Basic & D.A.
With Regards,
Vineet.
essykkr
Yes it can be bifurcated there is recent judgment dated 7th Feb on the same issue by Punjab & Haryana High Court, which clear this point. search on forum to right side, centrainly you will find the judgment.
essykkr
it not a notification but its judgment passed by Hon'ble Punjab & Haryana High Court.
sriswarnad
Dear Vijay,
If you are paying consolidated salary then the basic + DA should not cross more than 60%, on the 60% amount PF 12% can be deducted.
regards
sethupathy-s
Here is the copy
Sethupathy,
Excellent HR Services,
ERODE.
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subhamay mullick
Is there any Act or Law where its clearly mentioning that Min wage cant be bifurcated or its consist only BASIC + DA?
Please provide me some supporting if you have.
amitsonu
Does this also mention anywhere that how much should be the basic salary? is there a set formula to fix basic salary as per Law?
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