Salary for pf
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 May 2016
Dear Expert,
Plz confirm the salary on which PF (@12%) shall be contributed towards salary. My client pays only basic & adhoc allowance
Will it include Basis only or Basic + Adhoc Allowance.
Plz clarify with the case ,if any...nd also focus on adhoc allowance...
Plz confirm on urgent basis.
Plz confirm the salary on which PF (@12%) shall be contributed towards salary. My client pays only basic & adhoc allowance
Will it include Basis only or Basic + Adhoc Allowance.
Plz clarify with the case ,if any...nd also focus on adhoc allowance...
Plz confirm on urgent basis.
02 May 2016
Your client is right.
Salary within the meaning of PF Act is Basic Salary + Dearness Allowance.
Salary within the meaning of PF Act is Basic Salary + Dearness Allowance.
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02 May 2016
PF salary is considered BASIC and DA As applicable 12% ceiling limit Rs.15000 /-
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