Dear BJ,
I have to add one more thing. In provision 6 it is clearly stated that contribution is on "the basic wages, dearness allowance and retaining allowance, if any". The attached file with your posting is not regarding contribution, but basic wages. It is a fact that DA is not included in basic wages as stated in the above attachment. Because they are different components.But for contribution to EPF both basic wages and DA will be taken into account.
Abbas.P.S
From India, Bangalore
517I have to add one more thing. In provision 6 it is clearly stated that contribution is on "the basic wages, dearness allowance and retaining allowance, if any". The attached file with your posting is not regarding contribution, but basic wages. It is a fact that DA is not included in basic wages as stated in the above attachment. Because they are different components.But for contribution to EPF both basic wages and DA will be taken into account.
Abbas.P.S
From India, Bangalore
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.
PF & ESI.zip
Presentation PF&ESI.ppt
Exp.and esi pf mis format.xls