Dear All,
It is possible to calculate PF on reduce amount of basic and DA under Contract Labour Act.
Example :-
If employee (Off roll ) have basic + DA rS-13500 PM.Now It possible we can calculate as per minimum wage like basic +DA (Rs-8758 PM)
Kindly arrange to provide any Guzette or Notifications for same.
Regards
M S Chouhan
From India, Faridabad
1It is possible to calculate PF on reduce amount of basic and DA under Contract Labour Act.
Example :-
If employee (Off roll ) have basic + DA rS-13500 PM.Now It possible we can calculate as per minimum wage like basic +DA (Rs-8758 PM)
Kindly arrange to provide any Guzette or Notifications for same.
Regards
M S Chouhan
From India, Faridabad
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Splitting of Minimum Wages for the purpose of PF contribution not permissible.doc x
EPF-Circular-da ted-23-May-2011 -Splitting-of-M inimum-Wages-fo r-the-Purpose-o f-PF-Contributi on-Not.pdf