Salary for the purpose of provident fund

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....alary for the purpose of provident fund<br> Query (Issue) Started By: - umesh gupta Dated:- 15-4-2010 Last Reply Date:- 16-4-2010 Other Topics<br>Got 1 Reply<br>Indian Laws<br>valuation of basic wages....

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.... for calculation of p.f. Reply By Surender Gupta: The Reply: See fourth schedule of the Income Tax Act, 1961 which says, "(h) "salary" includes dearness allowance, if the terms of employment so provid....

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....e, but excludes all other allowances and perquisites." http://www.taxmanagementindia.com/Site-Map/Income_Tax/detail_act.asp?ID=3512&Act_ID=222<br> Discussion Forum - Knowledge Sharing ....