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Basic wages for pf contributions

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2011 Dear Friend's
Can you please advice for below question

"What is ‘Basic Wages’ for the purpose of PF contributions?".
please ref.
As per Section 2(b) of PF act 1952 there is amendment has made.

There is some ambiguity that basic wages should include only Basic + DA or all emolument provided by the Employers.

Regards,
Omprakash

25 August 2011 For calculation of PF employer has to consider only Basic not all emoluments.If DA is applicable,we have add it to basic and on the resultant amount we have to calculate basic.

25 August 2011 yes. PF need to be calculate Basic plus DA




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