Hi All....
I need clarification about EPF, our company going to start EPF
Our company employees pay scale is as
Salary structure is
Basic, HRA, SP. Allow, Transport Allow, Out of Duty Allowance, Tell. Allow.
Start with
a) Basic 2000, HRA 800, Spl Allo. 50, Transport Allow. 800, Tel. Allow. 350 = 4000 + Meal Cash 500
And
b) Basic 23000, HRA 9200, Sp. Allow. 2000 Transport Allow 800. = 35000+ Sodexo Meal Voucher 3000
Calculation is on Basic 23000x12% 2760/- + 8.33% 1916/- + 844/- = 5,520/- is correct
How to calculate the a) & b) we are not giving DA.
so please am requesting you to all give a fast reply
thanks
From India, New Delhi
I need clarification about EPF, our company going to start EPF
Our company employees pay scale is as
Salary structure is
Basic, HRA, SP. Allow, Transport Allow, Out of Duty Allowance, Tell. Allow.
Start with
a) Basic 2000, HRA 800, Spl Allo. 50, Transport Allow. 800, Tel. Allow. 350 = 4000 + Meal Cash 500
And
b) Basic 23000, HRA 9200, Sp. Allow. 2000 Transport Allow 800. = 35000+ Sodexo Meal Voucher 3000
Calculation is on Basic 23000x12% 2760/- + 8.33% 1916/- + 844/- = 5,520/- is correct
How to calculate the a) & b) we are not giving DA.
so please am requesting you to all give a fast reply
thanks
From India, New Delhi
Hi All
With regards to PF is there any criterion with respect to no of employees in an organization or PF is applicable to all companies irrespective of no of employees????????
Would also like to know basic components in a salary package mandated by Law?????
Thks & rgds
Amit Gupta -
From India, Mumbai
With regards to PF is there any criterion with respect to no of employees in an organization or PF is applicable to all companies irrespective of no of employees????????
Would also like to know basic components in a salary package mandated by Law?????
Thks & rgds
Amit Gupta -
From India, Mumbai
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EMPLOYEES' PROVIDENT FUND & MISC PROVISIONS ACT '1952.ppt
EMPLOYEES' PROVIDENT FUND & MISC PROVISIONS ACT '1952 [Compatibility Mode].pdf