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Urgent Please

Pankaj Arora (Learner) (3134 Points)

13 April 2011

Dear All

Should we consider food allowances in defination of Basic Salary for deducting of EPF?

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7 Replies

Pankaj Arora (Learner) (3134 Points)
Replied 13 April 2011

The cash value of any food concession only is included its my view and others members views are most welcome...

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U S Sharma (glidor@gmail.com) (21063 Points)
Replied 13 April 2011

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,

Pankaj Arora (Learner) (3134 Points)
Replied 13 April 2011

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....

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U S Sharma (glidor@gmail.com) (21063 Points)
Replied 13 April 2011

Originally posted by : Pankaj Arora
	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...