Basic salary percentage
This query is : Resolved
09 August 2014
Does any law, specially PF Act, prescribe what should be the basic salary component percentage of Total gross salary?
09 August 2014
Not defined in any law. For Government organisations Pay Commission fixes salary structure.
Message likes :
1 times
09 August 2014
Dear Sir,
Please refer below article:
https://www.financialexpress.com/news/epfo-to-inspect-firms-deducting-pf-on-less-than-50-of-wage/1277517
Why is PF administration inspecting firms where the basic pay ( the amount on which PF is deductible)is less than 50% of total pay ? The PF Act itself is silent on this matter.
Please refer below article:
https://www.financialexpress.com/news/epfo-to-inspect-firms-deducting-pf-on-less-than-50-of-wage/1277517
Why is PF administration inspecting firms where the basic pay ( the amount on which PF is deductible)is less than 50% of total pay ? The PF Act itself is silent on this matter.
09 August 2014
Yes Its true act is silent on this. I dont think even PF Authority can dictate anything on this without any rule. It is in the hand of organization to set the salary structure.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Tds on commission charges
- Minimum tax payable to file Updated return
- Applicability of GST on Salary Reimbursement Component
- Dep. as per companies act
- Renovation exp. in flat by family member
- New GST registration for new place of business.
- Salary from Qatar in Dollars in India
- UDIN ISSUE
- GST Intimation due to Government took possession of Business Premises under PPE Act
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
CCI
Pro
CAclubindia
