Dear All,
This is to inform that the “Dearness Allowance (DA)” has been revised by the Tamil Nadu Government for the year 2014-15 and the relevant notification is attached for your reference.
The revised DA will be applicable, with effect from 1st April’ 2014, hence, the “Minimum Wages (Basic + DA)” also get revised for all category workers, with effect from 1st April’ 2014.
We would request you to please refer ‘Sl. No. 50’ for the revised “Dearness Allowance” payable for the Shops & Commercial Establishments.
For your better understanding, the applicable “Minimum Wages (Basic + DA)” for the Shops & Commercial Establishments have been prepared and attached, separately as a ‘Notice’ to display.
From India, Chennai
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185This is to inform that the “Dearness Allowance (DA)” has been revised by the Tamil Nadu Government for the year 2014-15 and the relevant notification is attached for your reference.
The revised DA will be applicable, with effect from 1st April’ 2014, hence, the “Minimum Wages (Basic + DA)” also get revised for all category workers, with effect from 1st April’ 2014.
We would request you to please refer ‘Sl. No. 50’ for the revised “Dearness Allowance” payable for the Shops & Commercial Establishments.
For your better understanding, the applicable “Minimum Wages (Basic + DA)” for the Shops & Commercial Establishments have been prepared and attached, separately as a ‘Notice’ to display.
From India, Chennai
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Dear Pragna,
We are a retail business company compliant under the Shops and Establishments Act, having 33 employees. Since March 2012, we have been providing PF for our employees. In the financial years 2012-2013 and February 2013 to 2014, we followed an ad-hoc system for EPF for our employees. However, at the end of the last year, we learned that this was the wrong procedure for EPF calculation.
Now, we would like to provide PF based on the exact Basic+D.A. My questions are:
1. If I start providing PF in this manner, will it benefit our firm, or will I face questioning from the EPFO? The PF amount will be reduced compared to the last financial year.
2. Should I upload EPF (for March 2014 paid in April 2014) based on last fiscal year's minimum wages?
Thank you.
From India, Bangalore
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We are a retail business company compliant under the Shops and Establishments Act, having 33 employees. Since March 2012, we have been providing PF for our employees. In the financial years 2012-2013 and February 2013 to 2014, we followed an ad-hoc system for EPF for our employees. However, at the end of the last year, we learned that this was the wrong procedure for EPF calculation.
Now, we would like to provide PF based on the exact Basic+D.A. My questions are:
1. If I start providing PF in this manner, will it benefit our firm, or will I face questioning from the EPFO? The PF amount will be reduced compared to the last financial year.
2. Should I upload EPF (for March 2014 paid in April 2014) based on last fiscal year's minimum wages?
Thank you.
From India, Bangalore
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