Querist :
Anonymous
(Querist) 18 May 2010
This query is : Resolved
Dear Friends Please guide me on this issue. Minimum wages can or can not bifercated for PF deduction.
For Example Minimum wages in Delhi Central is Rs.273/ Pf deduction shall attract the Rs 273 Or Can We Bifurcate like Basic RS180 HRA RS 93 Is it correct way PF deduction will be based on RS. 180/
For fixed monthly salry. If gross salary is more than Minimum wages, but basic is less than minimum wages.Is it correct for PF Deduction on less than minimum wages Under PF Miscellaneous Act 1952 What will be basic for PF deduction
yogesh
(Expert) 18 May 2010
all statutory deductions should be done on minimum wage only. however exception is there if some relaxation or bifurcation of minimum wage in terms of basic and HRA is allowed by the respective state govt.'s
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