We do not have any statutory canteen , it is run and managed by the committee, we are extending only fixed cost to the contractor of the company.
Meal Rate is decided on no profit no loss basis by the committee and based on the worker agreement we are issuing coupon ( as a part of employer share ) and balanced amount is being paid by the workmen but based on the agreement we are also paying canteen allowances ( to meet the expenses of employee share of canteen ) as a part of wages and for other adock allowances is being paid in lie-of tea expenses
Please let us know whether these two components shall be a part and parcel of P.F for computation or not?
It is to be noted that we are paying 80% amount as an wages which attracts the P.F components, and balance 20% as an other allowances incisive of canteen and adock allowances
Regards
R.K.Dixit
Meal Rate is decided on no profit no loss basis by the committee and based on the worker agreement we are issuing coupon ( as a part of employer share ) and balanced amount is being paid by the workmen but based on the agreement we are also paying canteen allowances ( to meet the expenses of employee share of canteen ) as a part of wages and for other adock allowances is being paid in lie-of tea expenses
Please let us know whether these two components shall be a part and parcel of P.F for computation or not?
It is to be noted that we are paying 80% amount as an wages which attracts the P.F components, and balance 20% as an other allowances incisive of canteen and adock allowances
Regards
R.K.Dixit