Dear community members,
Please guide me for the regulatory requirements to define the component to be considered as salary( Basic, VDA, Incentives/ Bonus) for calculation of PF deduction.
Regards
Satish Chandra Tripathi
Satish Chandra Tripathi (lawyer) 25 April 2010
Dear community members,
Please guide me for the regulatory requirements to define the component to be considered as salary( Basic, VDA, Incentives/ Bonus) for calculation of PF deduction.
Regards
Satish Chandra Tripathi
Jatin Adhav (Law) 25 May 2010
BASIC + DA, if no component fixed as DA you may take any other component however the PF should be deducted as per Minimum wages of your state.
Regards
Jatin
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