Dear All,
As per me PF deduction is made on Basic+DA. Here DA is what? is Daily allowance? or Dearness allowance? Which -2 heads are required to deduct PF Contribution. Is pf deduction made in EL encashment. Will please clarify me?
regards,
Neelender
From India, Jaipur
As per me PF deduction is made on Basic+DA. Here DA is what? is Daily allowance? or Dearness allowance? Which -2 heads are required to deduct PF Contribution. Is pf deduction made in EL encashment. Will please clarify me?
regards,
Neelender
From India, Jaipur
Hi Neelender,
PF will be calculated on Basic, DA, VDA, and Food Allowane (Should be paid constatly).
Here DA means Dearness Allowance Only.
2) As per the recent amendments PF will not be deducted on EL Encashment . Bcz EL encashment amount is not a part of Salary.
If you have any more queries you can revert it.
Thank You.......
With Best Regards
Hanuman
From India, Mumbai
PF will be calculated on Basic, DA, VDA, and Food Allowane (Should be paid constatly).
Here DA means Dearness Allowance Only.
2) As per the recent amendments PF will not be deducted on EL Encashment . Bcz EL encashment amount is not a part of Salary.
If you have any more queries you can revert it.
Thank You.......
With Best Regards
Hanuman
From India, Mumbai
Dear Hanuman,
for pf deduction requirements are basic+da+food concession if any + any other allowances which is not defined e.g special allowance or extra work allowance.
thanks & regards,
sumit kumar saxena,
9899669071, 0120-4131277
From India, Ghaziabad
for pf deduction requirements are basic+da+food concession if any + any other allowances which is not defined e.g special allowance or extra work allowance.
thanks & regards,
sumit kumar saxena,
9899669071, 0120-4131277
From India, Ghaziabad
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