Dear All, Please guide me whether we can bifurcate the minimum wages amount into different components. How it will effect the PF amount?
From India, New Delhi
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From India, New Delhi
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No, bifurcation of minimum wages is not permitted. Minimum wages should be treated as basic for the deduction of EPF accumulation. Please go through the circular enclosed.
Thanks & Regards,
Sumit Kumar Saxena
From India, Ghaziabad
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256Thanks & Regards,
Sumit Kumar Saxena
From India, Ghaziabad
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Court Stay on Circular Regarding Minimum Wages
This circular has already been stayed by the Hon'ble Delhi High Court and Andhra Pradesh High Court. However, it is still advisable not to split the minimum wages to avoid PF contributions altogether.
From India, Delhi
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This circular has already been stayed by the Hon'ble Delhi High Court and Andhra Pradesh High Court. However, it is still advisable not to split the minimum wages to avoid PF contributions altogether.
From India, Delhi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Splitting of minimum wages for PF in abeyance (1).pdf
Minimum Wages, ESI & PF.pps