Will it be advisable to change the pay structure of new hires and existing employees with respect to transport and medical allowance replaced by standard deduction and PF contribution of females (reduced to 8%) and freshers? Please advise.

Zubin Karvat.

From India, Mumbai
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Hi Zubin Karvat,

Would it be advisable to change the pay structure for new hires and existing employees regarding transport and medical allowances, replacing them with a standard deduction and reducing the PF contribution for females (to 8%) and freshers? Please advise.

Thank you.

From India, Mumbai
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