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how to calculate basic in provident fund under salaries?

Question Posted / rajmails2


how to calculate basic in provident fund under salaries?..

Answer / chandan gupta

Basic refers to Basic Wages as far as EPF is concerned.
Basic Wages = Basic Salary + DA + Cash value of food
concession + Retaining Allowance

Is This Answer Correct ?    3 Yes 1 No

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