banner_ad

pf calculation

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 January 2010 hi
i m doing the audit of govenment enterprises..in such audit
we have to check salaries of various employees,in the case of calculation of salary ,,they didnot take the 6th pay commission for calculating provident fund .it is only taken as basic + Da
whether it is correct ?
Profile Image

Heera Nahariya

Profile Image

Heera Nahariya (Expert)
04 January 2010 PF is to be deducted on (basic salary+DA+Retaining Allowance).

where basic salary is the salary prevailing as at the time of accrual.

in your case you will have to check what basic salary is payable to an employee as at the date of payment/accural (considering 6th pay commission)

In nut shell you will have to consider salary enhanced by 6th pay commission also.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details