Dear Sir,
I am an employer of 50 employees. They are currently receiving a DC rate as salary, which is Rs. 6110. Could you please advise me on what the EPF deductions for both the employee and employer would be? Additionally, I would like to inquire if it is permissible to break down this DC rate into basic pay (BP) and dearness allowance (DA), among other components. Would such a breakdown be legally acceptable? Please provide your suggestions on this matter.
Thank you.
Manoj
From India, New Delhi
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I am an employer of 50 employees. They are currently receiving a DC rate as salary, which is Rs. 6110. Could you please advise me on what the EPF deductions for both the employee and employer would be? Additionally, I would like to inquire if it is permissible to break down this DC rate into basic pay (BP) and dearness allowance (DA), among other components. Would such a breakdown be legally acceptable? Please provide your suggestions on this matter.
Thank you.
Manoj
From India, New Delhi
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Dear sir can one one tell me about dc rate briefly and please provide me contact number than i able to clear my doubt
From India, New Delhi
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36From India, New Delhi
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Epf circular on full salary 230317 Pension on full salary as per SC order 23.3.2017.pdf
SALARY CAN BE SPLIT INTO COMPONENTS BUT NOT LESS THAN THE MINIMUM WAGES.docx