Hello Friends,
My name is Iqbal and I need some help regarding salary structuring. The local govt clerical pay scale is Basic 3290 + DA 145. My first question is can we give a higher basic (e.g 4000) and keep the DA same (145).
Secondly as per statutory regulations PF is not mandatory if basic+DA is more than 6500. What if the employee was covered under PF as his salary was below 6500 and after salary increments his basic+DA has become 7500.
Warm Regards
Iqbal Siddiqui
+91-98395-07598
From India, Lucknow
My name is Iqbal and I need some help regarding salary structuring. The local govt clerical pay scale is Basic 3290 + DA 145. My first question is can we give a higher basic (e.g 4000) and keep the DA same (145).
Secondly as per statutory regulations PF is not mandatory if basic+DA is more than 6500. What if the employee was covered under PF as his salary was below 6500 and after salary increments his basic+DA has become 7500.
Warm Regards
Iqbal Siddiqui
+91-98395-07598
From India, Lucknow
its not like that once we have started deducting the provident fund of an employee we cannot stop it deducting but one thing you can do is to deduct his PF on Rs 6500 only , and you can keep the DA same and Increas the basic sal.
Regards
Chandrakant V.
Consultant - PF, ESI, Contract Labour & Other labour laws
From India, New Delhi
3Regards
Chandrakant V.
Consultant - PF, ESI, Contract Labour & Other labour laws
From India, New Delhi
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Salary Sheet & PF PT Calculation & Challan Nov 2010.xls
PF ON LEAVE SALARY.jpg