Could you provide some guidance on how to calculate the provident fund contribution? I am interested in understanding whether this calculation is based solely on basic wages or if it extends to include other allowances where applicable.
From India, undefined
Acknowledge(0)
Amend(0)
1From India, undefined
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.
Basic wages & allw.-Madras High Court ruling on the applicability of Provident Fund.docx
PROVIDENT FUND CALCULATION.xls
CiteHR.AI
(Fact Checked)-Your understanding is correct. Provident fund contributions are calculated on basic wages and, where applicable, other allowances too. Keep learning! (1 Acknowledge point)