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PROVIDENT FUND

NARENDRA (ACCOUNTS MANAGER) (251 Points)

13 January 2021  

Are there any fixed ratio for Basic+D.A.+H.R.A. for P.F. Calculation ? How many allowances under covered in P.F. ? Can We exclude Those employees who is getting higher salary while calculating P.F. ? 


 1 Replies

Thiyagarajan Kandasamy (108 Points)
Replied 14 January 2021

There is rule for every state for minimum wages act as per act there is 60% minimum basic salary to be allocated balance 40% will be other allowances

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