What Is Pf Basic Or Pf Gross?

1.	What Is Pf Basic Or Pf Gross?
Answer» This is the AMOUNT on which the PF CONTRIBUTION or deduction is calculated. GENERALLY in 95% of the companies this is Basic + Basic Arrears + DA + DA Arrears. However, there are ALWAYS exceptions and some companies want it to be a LITTLE different. In that case, we can change the PF Basic formula to cater to the client's requirements. This is the amount on which the PF contribution or deduction is calculated. Generally in 95% of the companies this is Basic + Basic Arrears + DA + DA Arrears. However, there are always exceptions and some companies want it to be a little different. In that case, we can change the PF Basic formula to cater to the client's requirements.

Answer»

This is the AMOUNT on which the PF CONTRIBUTION or deduction is calculated. GENERALLY in 95% of the companies this is Basic + Basic Arrears + DA + DA Arrears. However, there are ALWAYS exceptions and some companies want it to be a LITTLE different. In that case, we can change the PF Basic formula to cater to the client's requirements.

This is the amount on which the PF contribution or deduction is calculated. Generally in 95% of the companies this is Basic + Basic Arrears + DA + DA Arrears. However, there are always exceptions and some companies want it to be a little different. In that case, we can change the PF Basic formula to cater to the client's requirements.

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