------------
Dear Rajesh,
You have not indicated what is the split up of your total emoluments or your salary structure. Is't a consolidated gross salary or split into- basic, DA, HRA,CCA, medical allow, conveyance etc. ? Presuming that you have a consolidated total salary you should have a notional split up like Basic, DA which should not be objected. It's illegal to lower your basic + DA for the purpose of keeping down the PF contributions. Future could solve your problem of what should be your basic + DA. For the present, as a thumb rule you can adopt 50% of your gross salary as basic plus another 25% as DA and calculate PF to avoid complications.
From India, Bangalore
1075Dear Rajesh,
You have not indicated what is the split up of your total emoluments or your salary structure. Is't a consolidated gross salary or split into- basic, DA, HRA,CCA, medical allow, conveyance etc. ? Presuming that you have a consolidated total salary you should have a notional split up like Basic, DA which should not be objected. It's illegal to lower your basic + DA for the purpose of keeping down the PF contributions. Future could solve your problem of what should be your basic + DA. For the present, as a thumb rule you can adopt 50% of your gross salary as basic plus another 25% as DA and calculate PF to avoid complications.
From India, Bangalore
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.
Basic 4 pf.pdf