dear hitesh,
Greetings for the day,
Yes PF is applicable on Food Allowance, The Component For EPF contribution should be Basic+da/vda+food conc.(if any).
Basic +da should not be less than the minimum wage defined by the state govt. time to time.
thanks & regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
252Greetings for the day,
Yes PF is applicable on Food Allowance, The Component For EPF contribution should be Basic+da/vda+food conc.(if any).
Basic +da should not be less than the minimum wage defined by the state govt. time to time.
thanks & regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
ALL THE RULES WHATEVER ALL OF YOU ARE SAYING IS RIGHT BUT SALARY BREAKUP PROCEDURE IS DEPEND ON COMPAN'S POLICY.
IN SOME COMPANY IT WILL BE
CTC-----50000
BASIC- 40 TO 50 % OF CTC
HRA ---- 40 % OF BASIC FOR NON MATRO CITY 50 % FOR MATRO CITY
CON. ----- 800
WASHING OR EDUCATION- 200
THANKS & REGRDS,
Mr. Ajit Vishnoi
HR
From India, Delhi
IN SOME COMPANY IT WILL BE
CTC-----50000
BASIC- 40 TO 50 % OF CTC
HRA ---- 40 % OF BASIC FOR NON MATRO CITY 50 % FOR MATRO CITY
CON. ----- 800
WASHING OR EDUCATION- 200
THANKS & REGRDS,
Mr. Ajit Vishnoi
HR
From India, Delhi
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