Respected Sir,
Greetings,
Now a days there is being in practices that provident fund is going to redetermine with special allowance/ perk.
But if a company having various type of allowances and perks with special allowance, then how they determine
the provident fund deduction.
Perks may be Conveyance allowance, Leaves travelling assistance/ allowance, retaining (special) allowance,
Books and periodicals allowance, Bonus, Superannuation, Hostel allowance, Education allowance etc.
Kindly advise.
Thanks and regards.
From India, Bareilly
Greetings,
Now a days there is being in practices that provident fund is going to redetermine with special allowance/ perk.
But if a company having various type of allowances and perks with special allowance, then how they determine
the provident fund deduction.
Perks may be Conveyance allowance, Leaves travelling assistance/ allowance, retaining (special) allowance,
Books and periodicals allowance, Bonus, Superannuation, Hostel allowance, Education allowance etc.
Kindly advise.
Thanks and regards.
From India, Bareilly
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