Pf Not To Split Mw Of Pf Contribution - PDF Download

PARISA
In short this notification says that dont split Minimum Wages (Basic + DA) while calculating pf contribution basic wages or pf applicable wages. It means minimum pf applicable wages must equal to minimum wages (Basic + DA) or can be more than minimum wages.
Regards,
Parisa
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jeevarathnam
Dear Parisa
It indicates that Basic+DA for PF department should not be lesser than Minimum Wages pertaining to that region. If Basic+DA is above Minimum Wages then there is no problem.
Regards
jeevarathnam
Yeah you are rite. Once again it depends upon management. Even if Basic+DA is above 6500 if MGMT agrees then contribution shall be on full basic
PARISA
Hey ,
Do U agree that in HR field every concept depends on management ?
What is ur opinion ?
jeevarathnam
Hi Parisa
Ofcourse! Thats exactly rite. Once again there are bright chances that Even HR will play a major role for making those policies. In small organisations Directors will make p olocies in larger organisations whole making policies even HR will be part of the same
atomz
Hi,
there is no definition in PF act and as in the notification the definition used (for basic wages) is with regard to Oxford Dic. so it does not apply and can be Challenged.
and Jeevarathnam brother HRD is not for this rather they are for the policy making with regard to the management and labour. So think higher.
atomz
finally it has been challenged.
the split of minimum wages with respect to EPF
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6777
Please find in context to the same ,the decision from High Court of Punjab and Haryana at Chandigarh
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prasad p k
Dear Mr.Parisa
Goog to find the minimum wages split details. The copy can be used for contractors and inform them not to split the minimum wages to reduce the contrbutions from Employer side. Since the next judgement (Punjab & Haryana Judgement) the split is kept in abayance. Therfore till the clearance of the judgement we can use/apply the above mentioned judgement sent by you.
THank you very much
Regards
P K Prasad
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