employee provident fund

seshachala (Querist) 03 January 2009 This query is : Resolved
please tell us is basic wages on which the epf is calculated is to be the minimum wages of the state or is it to be 60% of the gross salary. Is there any statuatory guide lines or any case laws stating that the basic wages must be not less than the minumum wages.

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seshachala (Querist) 03 January 2009
please give sugesstion

H. S. Thukral (Expert) 10 January 2009
The PF is payable on miimum wages. The PF Commissioner is vested with powers to lift the veil to see if the wages have been split up to subterfuse reduction in PF. I opine to read the KT High Court in Group 4 Securitas case 2004 (2) LLJ 1142, for further knowledge