EPF & Contribution-1952

This query is : Resolved 

06 March 2008 If basic salary exceeds rs.6500/let's take rs.9000/ and our company want's to give PF benefit to that employee also and he is also interested.
then an what amount PF will be deductable whether on Rs.6500/ or on entire amount i.e. 9000 on total basic salary.

regards,
Anil Jain.

06 March 2008 The employer and employee may agree to deduct PF on either amount Rs.6500/- or Rs.9000/-, becaues the limit is Rs.6500/-.

06 March 2008 Compulsory on 6500 and voluntary (by mutual agreement between employer and employee) on Rs 9000.


06 March 2008 already answered.

07 March 2008 thanks for d reply



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