Provident Fund Contribution

Govindarajan (Querist) 22 November 2010 This query is : Resolved
What is the Salary definition under PF ACT. If any employee hetting salary more than RS.6500 then are they covered under PF ACT ? . For people getting salary less than Rs. 6500 ( For example - Basic 3000 , HRA 2500 and Conveyance 500 ) Whether PF contribution 12 % is on basic or on total amount of Rs. 6000 . Please clarify

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R.Ramachandran (Expert) 22 November 2010
Dear Mr. Govindarajan,
For the purposes of PF ACt, 'salary' means only the basic only.
Basic+HRA+Conveyance would be called Emoluments (and not Salary).
For the purposes of ESI gross earnings i.e. emoluments have to be taken into account.
I hope this clarifies your doubt.

s.subramanian (Expert) 22 November 2010
yes.

Ajay Bansal (Expert) 22 November 2010
DO

Govindarajan (Querist) 23 November 2010
Dear Experts , Thanks for your help . Second part of my question still open . What about people getting gross salary less that Rs.6500 ? Any help on this please

Devajyoti Barman (Expert) 25 November 2010
yes

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