Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What emoluments constitute wages for calculation of PF contribution as above?

April 26, 2017calculation constitute contribution emoluments PF wages

0

Posted

What emoluments constitute wages for calculation of PF contribution as above?

1 Answer

0

Posted

All emoluments including Basic pay, dearness allowance and cash value of food concession. Allowances such as House rent allowance, Traveling allowance and Overtime allowance paid, over and above minimum wages applicable to the establishment, as per pay structure of the establishment can be excluded from the calculation. It may be noted that no such bifurcation is permissible below minimum wages.