Dear All, As per the recent notification of EPFO split in basic wages are not allowed. Notification is attached for the referance. Regards Manjeet Singh
From India
7From India
Dear Friends,
The circular issued by EPFO about not allowing employers to bifurcate minimum wages against the judgment of P & H . HC has been taken up strongly by employers and representations are sent to EPFO for withdrwal / amendment of the circular.
The circular is the interpretation of law and not the final verdict and no circular / order of any Govt. Deptt. will prevail over the High court judgment at least in states of punjab and haryana until the judgment is either overruled/ set aside by the supreme court.
regds
anil kaushik
From India, Delhi
The circular issued by EPFO about not allowing employers to bifurcate minimum wages against the judgment of P & H . HC has been taken up strongly by employers and representations are sent to EPFO for withdrwal / amendment of the circular.
The circular is the interpretation of law and not the final verdict and no circular / order of any Govt. Deptt. will prevail over the High court judgment at least in states of punjab and haryana until the judgment is either overruled/ set aside by the supreme court.
regds
anil kaushik
From India, Delhi
Dear Anil,
Let us consider it as an information to the people who are spliting the minimum wages to reduce the amount towards PF contribution and stop such practices, hereafter. Thanks to Manjeet for sharing the notification.
Gopal
From India, Jaipur
Let us consider it as an information to the people who are spliting the minimum wages to reduce the amount towards PF contribution and stop such practices, hereafter. Thanks to Manjeet for sharing the notification.
Gopal
From India, Jaipur
contradictory to it is, now in Delhi min wages has crossed the slab of Rs. 6500 i.e. slab to pay pf contribution. how it would be solved... seeking comments of seniors on this...
From India, New Delhi
From India, New Delhi
Dear all
I am manish soni. I have 6yrs experience in HR+P&A Dept. I have completed the PG Diploma in Personnel management & IR , completed the 3sem of MBA.
Now I am working with automobile company. I want to change .
I am attaching my cv.
can u anyone tell me requirement for the gurgaon location.
Regards
Manish Soni
Executive(P&A)
09999935818
From India, New Delhi
I am manish soni. I have 6yrs experience in HR+P&A Dept. I have completed the PG Diploma in Personnel management & IR , completed the 3sem of MBA.
Now I am working with automobile company. I want to change .
I am attaching my cv.
can u anyone tell me requirement for the gurgaon location.
Regards
Manish Soni
Executive(P&A)
09999935818
From India, New Delhi
Dear Seniors,
Can anyone advise me what are the working hours (duration i,e 8hrs / 9hrs ) that can be legally mentioned in the Appointment letter. I am working in an manufacturing company dealing into insulated copper wires.
Thanks & Regards,
Sanjeev Jha
From India, Mumbai
Can anyone advise me what are the working hours (duration i,e 8hrs / 9hrs ) that can be legally mentioned in the Appointment letter. I am working in an manufacturing company dealing into insulated copper wires.
Thanks & Regards,
Sanjeev Jha
From India, Mumbai
Does this mean that the basic salary in any case cannot be less than the minimum wages as decided by the government? Rajendra Jadhav.
From India, Pune
From India, Pune
We refer the News of ESIC amendment in slab which was raised to a maximum slab of Rs. 15000 instead of earlier Rs. 10000 from 01.05.2010.
In this context I would like to have a suggestion to you to increase the PF slab also as the current PF slab is Rs. 6500 since long. Now due to the global financial situation it is very necessary to amend this slab because at the time of retirement at the age of 58 employee working in a private sector will get very nominal amount. It will be very hard for a person to run his family with PF amount and pension amount what he will get as per the current slab
As you are aware inflation rates are in upward trend and rates of all the necessary items has increased steeply. How can an average middle class Indian can fulfill his basic requirements from above PF amount when he retires.
I think government should change the policy and take some more effective actions keeping in mind long time inflation rate. You can understand the critical position of a person retiring at the age of 58 especially private sector employees.
Government should think about middle class family. “Poor are becoming poor day by day”
Expecting some amendments in PF slab
From India, Vadodara
In this context I would like to have a suggestion to you to increase the PF slab also as the current PF slab is Rs. 6500 since long. Now due to the global financial situation it is very necessary to amend this slab because at the time of retirement at the age of 58 employee working in a private sector will get very nominal amount. It will be very hard for a person to run his family with PF amount and pension amount what he will get as per the current slab
As you are aware inflation rates are in upward trend and rates of all the necessary items has increased steeply. How can an average middle class Indian can fulfill his basic requirements from above PF amount when he retires.
I think government should change the policy and take some more effective actions keeping in mind long time inflation rate. You can understand the critical position of a person retiring at the age of 58 especially private sector employees.
Government should think about middle class family. “Poor are becoming poor day by day”
Expecting some amendments in PF slab
From India, Vadodara
Dear All, I have attach the PF Contribution detail for your kind information Regards Kamal 8091209484
From India, Pune
From India, Pune
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
PF Judgment Supreme Court Basic Wages (1).pdf