As we know that the Govt. of India, Ministry of Labor and Employment has issued notification enhancing statutory wages ceilings from existing ₹ 6,500/- to ₹ 15,000/-.
My question is what does statutory wages constitutes? Is it only basis pay or includes all emoluments like basic pay, dearness allowance and other retaining allowance like conveyance, city compensatory allowance, personal allowance etc. etc. The house rent allowance has been excluded from the definition of wages. Different courts has given various decisions on the definition of wages for PF contribution.
Can some-one advise me what is the status of wages definition as on date? It is a central legislation but vary from state to state.
Ashwani Rustagi
9810013724
Gurgaon, Haryana.
Clarification on Statutory Wages for PF Contributions: Includes All Emoluments Except House Rent Allowance Under Indian Law. A user inquired about the definition of statutory wages for Provident Fund (PF) contributions in India, following a government notification raising the wage ceiling from 6,500 to 15,000. The query sought clarification on whether statutory wages include only basic pay or also other emoluments like dearness allowance and various allowances, excluding house rent allowance. Despite different court rulings, the user noted that the current understanding includes all emoluments except house rent allowance. Another participant asked if the issue was resolved, to which the original user confirmed the act's clarity but sought further input. (AI Summary)