Hi, What is DA? I want to know whether DA is the part of basic salary or not? also when v calculate PF for the Basic salary, may i include the DA to Basic salary or not? send your replies quickly....
From India, Madurai
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1From India, Madurai
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Yes, PF is calculated as DA + Basic. There is a lot of information posted on this site regarding this topic. Please try the download search or Google search. You will find all the information you need. It is easier to look for the information already posted so that you do not waste time waiting for a reply.
Regards,
Kavitha
From India, Bangalore
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Regards,
Kavitha
From India, Bangalore
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Dear Harisaha,
Greetings!
Dearness allowance (D.A.) is part of a person's salary. D.A. is calculated as a percentage of the basic salary. This amount is then added to the basic salary along with house rent allowance to get the total salary. Rates vary as per rural/urban areas, etc.
PF is deducted at 12% of Basic+DA/Basic only if DA is not included.
Thank you.
From India, Madras
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Greetings!
Dearness allowance (D.A.) is part of a person's salary. D.A. is calculated as a percentage of the basic salary. This amount is then added to the basic salary along with house rent allowance to get the total salary. Rates vary as per rural/urban areas, etc.
PF is deducted at 12% of Basic+DA/Basic only if DA is not included.
Thank you.
From India, Madras
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Salary Sheet & PF PT Calculation & Challan.xls