04 January 2011
Is PF contribution is to be calculated on the basis of the basic wages only?. Two employees are drawing salary from an employee as per the following terms: A- Basic: 3000/- DA: 1500/-; HRA ;200/- Total 4700 : B- Basic - Rs.6000; Da 3000/- HRA 500/-. Please calculate the PF contribution to be deducted from their salary. Please clrify