Hi Everyone, Hope your all doing well.. Do Special Allowance and Other Allowances come under PF deductions in Telangana in November 2021? Please do help me... Niharika
From India, Hyderabad
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1From India, Hyderabad
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Whether an allowance would be covered or not would depend on the nature of allowance. Talk to some PF Consultant or the PF Inspector, if he can be taken into confidence.
From India, Mumbai
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From India, Mumbai
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Allowances and PF Deductions
All allowances paid to employees are generally considered part of the salary qualifying for PF deduction. Therefore, if you pay special allowances and 'other' allowances to all employees, irrespective of any 'special skill', these should be part of the PF qualifying salary. Of course, if you wish, you can restrict the contribution to 12% of Rs 15,000.
From India, Kannur
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All allowances paid to employees are generally considered part of the salary qualifying for PF deduction. Therefore, if you pay special allowances and 'other' allowances to all employees, irrespective of any 'special skill', these should be part of the PF qualifying salary. Of course, if you wish, you can restrict the contribution to 12% of Rs 15,000.
From India, Kannur
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SC - PF applicable on special allowances PWC report (1).pdf
Special Allowances 01 July To 31 Dec..doc