Hi friends, Pls find the new EPF Notification from Government of India along with basic wage list of karnataka
From India, Bangalore
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36From India, Bangalore
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Few queries on this notification:
1. Suppose we have a salary structure of:
Basic 3495
HRA 1747
CCA 524
CA 349
Gross 6115
We deduct PF on Basic salary. Now, according to the new notification, we cannot split the minimum wage. Therefore, PF will be deducted on the actual minimum wage, i.e., 6115. The question is, if we increase the gross salary to 6250, which is more than the minimum wage, then Basic would be 3577, which would be less than the minimum wage. Will this be a wrong calculation?
2. Do we need to ensure that the Basic salary is equivalent to the minimum wage?
Thanks
From India, Delhi
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1. Suppose we have a salary structure of:
Basic 3495
HRA 1747
CCA 524
CA 349
Gross 6115
We deduct PF on Basic salary. Now, according to the new notification, we cannot split the minimum wage. Therefore, PF will be deducted on the actual minimum wage, i.e., 6115. The question is, if we increase the gross salary to 6250, which is more than the minimum wage, then Basic would be 3577, which would be less than the minimum wage. Will this be a wrong calculation?
2. Do we need to ensure that the Basic salary is equivalent to the minimum wage?
Thanks
From India, Delhi
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Hi Versha and Tanya,
Please review the judgment of the Punjab & Haryana High Court in the CWP NO. 15443/2009 (O&M), decided on 1/2/2011 in the matter of Asstt Provident Fund Commissioner, Gurgaon, v/s M/s G4S Securitas Services (India) Ltd & Anr, reported in 2011 LLR 316. This judgment permits the bifurcation of minimum wages. The judgment of the Karnataka High Court did not settle the law regarding the splitting of minimum wages for Provident Fund contributions. Hence, no weightage can be accorded to it since it had been left open to the Authorities to decide.
Thanks and regards,
RLDHINGRA, ADVOCATE, LABOUR LAW CONSULTANT
09818309937
Email: rld_498@rediffmail.com
From India, Delhi
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Please review the judgment of the Punjab & Haryana High Court in the CWP NO. 15443/2009 (O&M), decided on 1/2/2011 in the matter of Asstt Provident Fund Commissioner, Gurgaon, v/s M/s G4S Securitas Services (India) Ltd & Anr, reported in 2011 LLR 316. This judgment permits the bifurcation of minimum wages. The judgment of the Karnataka High Court did not settle the law regarding the splitting of minimum wages for Provident Fund contributions. Hence, no weightage can be accorded to it since it had been left open to the Authorities to decide.
Thanks and regards,
RLDHINGRA, ADVOCATE, LABOUR LAW CONSULTANT
09818309937
Email: rld_498@rediffmail.com
From India, Delhi
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Minimum Wage Notification wef 1 .04.2010.pdf