Breaking : pf is applicable on all special allowances - says supreme court

P C Agrawal (Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)   (8224 Points)

01 March 2019  


Supreme Court in its landmark judgement given yesterday (copy attached) has held that all special allowances are part of basic wages and PF is applicable on the same.  It will have far reaching impact on the industry!