Minimum Basic For PF Deduction As Per Minimum Wages Act

Dear All,
Please advise me, what should be minimum basic for PF calculation as per minimum wages act and which zone should be consider. We are licensed under Shop Establishment Act.
Regards
Hema R.Iyengar

as per minimum wages it should be same as minimum wages but for the purpose of pf we can split the minimum wages as per decesion of court in case of G4s Security vs RPF gurgaon and also the decision of some other courts

s per minimum wages it should be same as minimum wages but for the purpose of pf we can split the minimum wages as per decesion of court in case of G4s Security vs RPF gurgaon and also the decision of some other courts
Attribution: https://www.citehr.com/404423-minimu...#ixzz1t3N0vvkB

Hi Hema
As you are registered under Shops & Commercial Establishments act you should follow minimum Basic & DA as per shops and comercial act itself. On that base itself PF should be deducted. :)

CAN ANYBODY TELL THE PRESENT STATUS OF THE CASE PENDING BEFORE SUPREME COURT BETWEEN gOUP 4 SECURITIES vS.epfo
MANOJ G PARAT

Dear all,
PF officials are not accepting the split up of minimum wages. A notification released on 23rd May 2011 in this connection is attached herewith for your reference.
sunjay2904

Yes, rightly said by Sunjay2904 splitting of Minimum Wages is not permissible by EPFO. Hence kindly note

dear sanjay
can anybody provide me the number of the case which is pending before supreme court between EPFO and group 4 securities
manoj g parat

as per minimum wages it should be same as minimum wages but for the purpose of pf we can split the minimum wages @ 95% of rate. the rest 5% can be deemed as HRA.
Suppose the minimum wage for a particular state is Rs. 3600,
than We can split it into Basic 3420, HRA 180, i.e. 3420 for PF.
regards.

Ms.Hema
Minimum wages comprising of Basic(2250) + DA(925) + HRA(675=30%of basic)= Rs. 3850( As per Shops and establishment act of Tamil nadu)
PF recovery to be made for BAsic + DA = Rs. 3175/- since HRA does not include under the Basic wage difinition under Employees Provident Fund scheme
regards
raju