Pf contribution

This query is : Resolved

vipin (Querist)
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05 February 2014 my Total salary is 400000

Basic 15000
HRA 7500
TA 2500
others 15000

Now i want to know

my pf contribution
is 780 as using 6500 as basic or 12% of 15000

@VaibhavJ

@VaibhavJ (Expert)
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05 February 2014 Hi Vipin,

PF contribution is at the discretion of employer they may contribute on actual basic of may restrict on capped basic Rs. 6500/-

Thx

AVTAR SINGH

AVTAR SINGH (Expert)
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05 February 2014 If basic salary crosses Rs.6500, deducting PF is not mandatory on the actual basic pay. It is optional for the employer. Employer can pay 12% on the basis of basic pay of Rs.6500 or 12% of actual pay.

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