Provident fund Applicablity
This query is : Resolved
02 November 2009
Dear Respected Member,
What is the PF deduction limit of any employee or no deduction , if employee is drawing a basic salary above 6500.00 ? & also what is applicability limit for ITES/BPO firm (Employee Count) ?
Thank in advance
What is the PF deduction limit of any employee or no deduction , if employee is drawing a basic salary above 6500.00 ? & also what is applicability limit for ITES/BPO firm (Employee Count) ?
Thank in advance
02 November 2009
Employee count should be 20 for pf applicability.
If the salary exceeds rs.6500 then for the purpose of pf his salary will be restricted to rs.6500.
If the salary exceeds rs.6500 then for the purpose of pf his salary will be restricted to rs.6500.
02 November 2009
agree
03 November 2009
Agree with expert but if employer wants he can pay PF on higher salary also.
14 November 2009
Agreed with Shri B.Srinivasulu & Sanjay Mokharjee,
I and would like to add that the same rules are applicable to ITES/BPO also.
I and would like to add that the same rules are applicable to ITES/BPO also.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
