Attendance incentive, Special allowance, Canteen allowance and Lunch allowance paid by the employer is covered under “basic wages” for the purpose of calculating provident fund ?
From India, Jaipur
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From India, Jaipur
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As per the February 2019 decision of the Supreme Court, these will all be a part of Basic Wages unless they are given only to select employees and directly linked to a specific expense incurred only by those employees. In almost all cases, it will be included, and PF is payable on it.
From India, Mumbai
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2508From India, Mumbai
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Minimum wages- Basic.pdf