Hi, Up to Rs.15000 PF deduction is implemented or what (Except HRA). If implemented we can consider 40% of HRA on Basic and DA salary? Please Suggest.
From India , Bangalore
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1From India , Bangalore
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Your question is not clear I suggest you give all details of the matter and make your question clear Else you will not get a suitable response
From India, Mumbai
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From India, Mumbai
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Monthly fixed salary is $14625. On this amount, 50% is considered as Basic and DA wages, and PF is deducted on only Basic and DA wage, with 40% of the PF wage considered as HRA.
Is this salary breakup legally acceptable? Please advise.
From India , Bangalore
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Is this salary breakup legally acceptable? Please advise.
From India , Bangalore
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There is no legal restriction on how much HRA should be, so there is no problem with that part. However, 40% and 50% equals 90% What happened to the balance 10%?
From India, Mumbai
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From India, Mumbai
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HRA – House Rent Allowance.pdf