Dear seniors
My question is , PF should be calculated on Basic , how do we ascertain Basic, whether it should be equal to Minimum Wages as per MW notification of the State , or employer can split the MW , one part for Basic other for DA/ Other allowance and PF deduction will be happened on Basic part. I have got one notification on 2011 May, same has been abeyance on 2011, December. Please advice.
My question is , PF should be calculated on Basic , how do we ascertain Basic, whether it should be equal to Minimum Wages as per MW notification of the State , or employer can split the MW , one part for Basic other for DA/ Other allowance and PF deduction will be happened on Basic part. I have got one notification on 2011 May, same has been abeyance on 2011, December. Please advice.
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