No Tags Found!

Anonymous
18

In my company we have the following revised salary structure
Basic + DA = 45 %
HRA = 18 %
Washing = 10 %
Conveyance = 800/- month
Education allow = 200 /- month
other allowance = Remaining balance (to adjust)
now we are planning to deduct EPF only for Basic + DA, ( because we are cover all employee's to PF)
whether it is ok as per EPF act or any problem will arise.
Advise please dear seniors and experts.

From India, Madurai
Anonymous
18

In my company we have the following revised salary structure
Basic + DA = 45 %
HRA = 18 %
Washing = 10 %
Conveyance = 800/- month
Education allow = 200 /- month
other allowance = Remaining balance (to adjust)
now we are planning to deduct EPF only for Basic + DA, ( because we are cover all employee's to PF)
whether it is ok as per EPF act or any problem will arise.
Advise please dear seniors and experts.

From India, Madurai
g.karthik340@gmail.com
4

Greetings, You have to calculate the PF on all the components , which excludes any Bonus,Commissions. This info is given by Asst Commissioner of EPFO.
From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.