Can anyone guide me how to calculate the Basic and DA in order to reduce the PF contribution to employees. Currently in our concern it is Basic = 45% and DA= 35%. Is there any method to reduce the calculation?
From India, Coimbatore
Hi Divya,
Is Basic 45% on gross and DA 35%? If yes then why do you want to reduce them and subsequently the PF amount?
As per EPFO both have to be considered for contributions.
And you cannot play around with the Social Security Legislation like EPF,ESI.

From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.