Dear Sir,

I have a doubt, please clarify:

If a salary structure is as follows (UNDERS SHOPS AND ESTABLISHMENT ACT-ANDHRA PRADESH):

BASIC: 4200
VDA: 4800
SPECIAL ALLOWANCES: 6000
TOTAL WAGE IS Rs 15000/-

While calculating the Provident Fund, do we have to calculate based on the BASIC of Rs 4200/- or on the TOTAL WAGE of Rs 15000/-?

Thank you, Sir.
Raviprasad

From India, Pithapuram
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Dear Ravi Prasad, EPF Wages means Basic+DA+VDA You have mentioned VDA Component of Rs4,800/- You have to include VDA also for EPF Wages
From India, New Delhi
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Other than HRA, You have include all the allowances with Basci for EPF calculation, subject to the maximum of 15k.
From India, Madras
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