In my company, we have the following revised salary structure:
Basic + DA = 45%
HRA = 18%
Washing = 10%
Conveyance = 800/- per month
Education allowance = 200/- per month
Other allowances = Remaining balance (to adjust)
Now, we are planning to deduct EPF only for Basic + DA because we cover all employees under PF. Is this in compliance with the EPF act, or could any problems arise?
Advice from dear seniors and experts would be greatly appreciated.
From India, Madurai
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21Basic + DA = 45%
HRA = 18%
Washing = 10%
Conveyance = 800/- per month
Education allowance = 200/- per month
Other allowances = Remaining balance (to adjust)
Now, we are planning to deduct EPF only for Basic + DA because we cover all employees under PF. Is this in compliance with the EPF act, or could any problems arise?
Advice from dear seniors and experts would be greatly appreciated.
From India, Madurai
Acknowledge(0)Amend(0)
In my company, we have the following revised salary structure:
Basic + DA = 45%
HRA = 18%
Washing = 10%
Conveyance = 800/- per month
Education allowance = 200/- per month
Other allowance = Remaining balance (to adjust)
Now, we are planning to deduct EPF only for Basic + DA because we cover all employees under PF. Is this in compliance with the EPF act, or will any problems arise?
Please advise, dear seniors and experts.
From India, Madurai
Acknowledge(0)Amend(0)
Basic + DA = 45%
HRA = 18%
Washing = 10%
Conveyance = 800/- per month
Education allowance = 200/- per month
Other allowance = Remaining balance (to adjust)
Now, we are planning to deduct EPF only for Basic + DA because we cover all employees under PF. Is this in compliance with the EPF act, or will any problems arise?
Please advise, dear seniors and experts.
From India, Madurai
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Creating a Competitive Salary Structure.doc
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