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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2013 pf is calculated on (Basic + DA )

query is:

what is Basic & what is DA ?

Please solve this query
Thank u !!
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CA Priyank Singhi

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CA Priyank Singhi (Expert)
08 January 2013 Basic is the basic salary as per your salary agreement and DA is a agreed % of the basic salary that is added for calculation purposes of PF.

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