Dear BJ,
I have to add one more thing. In provision 6, it is clearly stated that the contribution is on "the basic wages, dearness allowance, and retaining allowance, if any." The attached file with your posting is not regarding contribution but basic wages. It is a fact that DA is not included in basic wages as stated in the above attachment because they are different components. However, for the contribution to EPF, both basic wages and DA will be taken into account.
Abbas.P.S
From India, Bangalore
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530I have to add one more thing. In provision 6, it is clearly stated that the contribution is on "the basic wages, dearness allowance, and retaining allowance, if any." The attached file with your posting is not regarding contribution but basic wages. It is a fact that DA is not included in basic wages as stated in the above attachment because they are different components. However, for the contribution to EPF, both basic wages and DA will be taken into account.
Abbas.P.S
From India, Bangalore
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Employee Benefits.doc
Employee Benefits.zip