Dear Seniors,
Please clarify, when I met with the PF commissioner regarding the PF contribution query, he instructed that it should be Basic+DA or 60% of the Fixed Salary, whichever is higher.
As per the PF commissioner's instructions, Basic+DA should be 60% of the Fixed Gross Salary, which is correct.
If there is any act stating that PF contributions should be 60% of the fixed salary, please provide the relevant information or attach the document.
Regards, S. Vadivelu
From India, Madras
Acknowledge(0)
Amend(0)
2Please clarify, when I met with the PF commissioner regarding the PF contribution query, he instructed that it should be Basic+DA or 60% of the Fixed Salary, whichever is higher.
As per the PF commissioner's instructions, Basic+DA should be 60% of the Fixed Gross Salary, which is correct.
If there is any act stating that PF contributions should be 60% of the fixed salary, please provide the relevant information or attach the document.
Regards, S. Vadivelu
From India, Madras
Acknowledge(0)Amend(0)
Dear S. Vadivelu,
Please find enclosed the EPF tribunal's judgment in this regard, which is self-explanatory. The fourth page is most important in this judgment.
Regards,
Shish Ram Uniyal
Compliance Consultant
09811681660
From India, New Delhi
Acknowledge(0)Amend(0)
Please find enclosed the EPF tribunal's judgment in this regard, which is self-explanatory. The fourth page is most important in this judgment.
Regards,
Shish Ram Uniyal
Compliance Consultant
09811681660
From India, New Delhi
Acknowledge(0)Amend(0)
Hi,
Basic salary should satisfy the Minimum Wages Act. If you are paying a consolidated salary (i.e., without any other allowances), then the EPF payable should be 70% of the total salary or wage paid to the employee, and this total consolidated salary should satisfy the Minimum Wages Act.
If Basic + DA is satisfying the Minimum Wages Act and you are paying other allowances like HRA, Conveyance, etc., you can pay EPF at 12% on Basic + DA.
Jagadish V
9666026279
santoshvegi@gmail.com
From India, Visakhapatnam
Acknowledge(0)Amend(0)
Basic salary should satisfy the Minimum Wages Act. If you are paying a consolidated salary (i.e., without any other allowances), then the EPF payable should be 70% of the total salary or wage paid to the employee, and this total consolidated salary should satisfy the Minimum Wages Act.
If Basic + DA is satisfying the Minimum Wages Act and you are paying other allowances like HRA, Conveyance, etc., you can pay EPF at 12% on Basic + DA.
Jagadish V
9666026279
santoshvegi@gmail.com
From India, Visakhapatnam
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
PF- on minimum wages-EPF appellate tribunal-Award against Deptt..pdf
Splitting of Minimum Wages for the purpose of PF contribution not permissible.doc x