Pf deduction for construction line

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tanay (Querist)
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31 May 2012 if an employee is having basic salary of Rs. 30,000/- per month,

what is the PF amount to be deducted from his salary????

Pls reply.. its urgent

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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01 June 2012 12% on Basic salary Rs.30000

tanay

tanay (Querist)
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02 June 2012 but one Pf consultant said me that, employer has right to stop his contribution after Basic salary goes beyond Rs. 6500/-

and the section 6A doent give specific instruction regarding what to do??

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tanay

tanay (Querist)
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05 June 2012 ???????????????????

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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05 June 2012 Only pension fund contribution has such limit of 6500 not for Provident fund scheme

tanay

tanay (Querist)
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09 June 2012 http://www.epfindia.com/payments.htm

please see this link...