1. Those Employer Deduct HRA from Minimum Wages during PF Deduction is it right practice?
Example
Current Minimum wages for skilled in gujrat 462 for 26 days so (462×26= 12012×40÷100= 4805 is HRA.
12012- 4805(HRA) = 7207 PF Base.
7207*12/100= 865 12% Pf
Above calculation for workers like Helper where their salary completed in Basic and HRA.
2. Any new judgment/ update from supreme court? for above matter with it which allowance not count for PF Base during PF calculation?
3. Practicing For PF Deduction
Basic+ Allowances= upto 15000 for PF Base is it right practice after revised gujrat minimum wages dated 18-8-23! or any update comes from Supreme court reg. PF after revised Minimum wages.
From India, Ahmedabad
Example
Current Minimum wages for skilled in gujrat 462 for 26 days so (462×26= 12012×40÷100= 4805 is HRA.
12012- 4805(HRA) = 7207 PF Base.
7207*12/100= 865 12% Pf
Above calculation for workers like Helper where their salary completed in Basic and HRA.
2. Any new judgment/ update from supreme court? for above matter with it which allowance not count for PF Base during PF calculation?
3. Practicing For PF Deduction
Basic+ Allowances= upto 15000 for PF Base is it right practice after revised gujrat minimum wages dated 18-8-23! or any update comes from Supreme court reg. PF after revised Minimum wages.
From India, Ahmedabad
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.