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Reduction in pf contribution

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(Querist)
24 September 2012 An employee in our organisation is till today contributes 12% of his basic salary which is above 6500/-, he wants to reduce his contribution to 12% on 6500/-, can it be done.
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CA.Vinita Gupta

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CA.Vinita Gupta (Expert)
24 September 2012 It cannot be reduced , Mininmum contribution of 12% has to be contributed by employee
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Sunil Oberoi

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Sunil Oberoi (Querist)
24 September 2012 even if it is more than the stipulated limit of rs.6500/-
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CA.Vinita Gupta

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CA.Vinita Gupta (Expert)
24 September 2012 Reduce the Basic Salary (but not below Rs.4300/-)

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