Our Company is based at Mumbai. We do not have Dearness Allowance in our Compensation structure but we have Special Allowance salary components. Are Dearness Allowance and Special Allowance same for Gujarat state? Do we need to calculate the PF, Gratuity on the basis of Basic salary % or Basic+Special Allowance %?
From India, Ahmedabad
From India, Ahmedabad
Hi,
Both are not the same. Need not calculate EPF/Gratuity on Special Allowances.
If you are from HR ,it is a task for you to ask your Management to consider DA instead of SA or keeping SA also. Try out in the interests of the employees at large.
From India, Hyderabad
Both are not the same. Need not calculate EPF/Gratuity on Special Allowances.
If you are from HR ,it is a task for you to ask your Management to consider DA instead of SA or keeping SA also. Try out in the interests of the employees at large.
From India, Hyderabad
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