In case of minimum wages ,what is the spilt up for basic, D.A, conveyance & spl allowances ?
as per EPF act is there any provision for spilt up?
Pls advise
Sunanthini.
Vijay anand (Consultant) 17 January 2012
In case of minimum wages ,what is the spilt up for basic, D.A, conveyance & spl allowances ?
as per EPF act is there any provision for spilt up?
Pls advise
Sunanthini.
kameswarao S (Head HR) 20 January 2012
This is a hot topic now a days. The PF department is claiming that the entire minimum wage should be the basic, some courts have already accepted but some are not. The PF central has already given a circular and after wards kept on hold.
In general people are managing with 50 - 70% as basic.
Regards - kamesh