From the PF website I understand the maximum that an Employer can contribute towards PF is Rs.780(based on Rs.6500 Basic+Da).Now one of my friends told me the PF Limit is.Rs.900(based on Rs.7500 Basic+Da).Please tell me whether the PF limit is changed or not.Kindly explian
22 July 2008
Pf limit is Rs. 6500/- is the basic on which 12% ,If u deduct more then that, there is no problem, but the company share should be not more then Rs.780/-
22 July 2008
Thanks for the reply.... So that means the PF limit in the EPF website is not updated yet.If any one have any document which contains the increase in the PF limit please share with me....
CAclubindia
