We are confused with so many contradictions appearing on the issue of - Splitting-up of minimum wages for purpose of computing PF contribution.
We are following a uniform wage structure for our unit wherein along with Basic pay +DA( 50% of gross pay ) other components in the form of allowances ( HRA,Con,Washing,LTA etc.) exist and a sum total of all this constitute gross wages of an individual employee and put togather it works out to more than notified minimum wages.
Are we justified in contributing PF on our basic + DA structure,which put togather is not touching the notified minimum wages but with allowances it crossing the notified minimum wages.
D.T.Choudhari
Cell no.- 7032107756
We are following a uniform wage structure for our unit wherein along with Basic pay +DA( 50% of gross pay ) other components in the form of allowances ( HRA,Con,Washing,LTA etc.) exist and a sum total of all this constitute gross wages of an individual employee and put togather it works out to more than notified minimum wages.
Are we justified in contributing PF on our basic + DA structure,which put togather is not touching the notified minimum wages but with allowances it crossing the notified minimum wages.
D.T.Choudhari
Cell no.- 7032107756