TaxTMI 
TaxTMI 
Definition of Basic Wages for PF contributions
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....efinition of Basic Wages for PF contributions<br> Query (Issue) Started By: - Ashwani Rustagi Dated:- 30-10-2014 Last Reply Date:- 4-1-2016 Other Topics<br>Got 2 Replies<br>Indian Laws<br>As we know t....
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....hat 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 statuto....
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....ry 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 ....
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....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 ....
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....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. Reply By MARIAPPAN GOVINDARAJAN: The Reply....
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....: Whether you have got clarified in the above issue? If not please inform. Reply By Ashwani Rustagi: The Reply: Not yet. But act is very clear it will include all emoluments like basic pay, dearnes....
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....s 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. If you ha....
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....ve any further input on this, please advise. Regards,<br> Discussion Forum - Knowledge Sharing ....