for EPF if the cash paid to emplooyee as food allowances, then included in salary, but if the employer buy foods and distributes among the workers ( to be accounted in workmen welfare in P/L) then its not to be included,
thanks for reply Mr. Sharma but neither company buys food for employee nor employer cash paid as food allowances... company just bifurcate this expenese in salary slip and issue cheque of net salary...
Guest
Pay includes basic wages with dearness allowance, retaining allowance (if any) and cash value of food concession admissible thereon.
Food allowance can not be brought under PF and it cannot be equated to Cash Value of Food Concession.
Guest
If there is any particular case law to refer then it will be more clear....
thanks for reply Mr. Sharma but neither company buys food for employee nor employer cash paid as food allowances... company just bifurcate this expenese in salary slip and issue cheque of net salary...
bifurcate the amount, ..............and issue cheque of net salary, if salary is inclusive of food allowance, then epf chargable,