Provident fund contributions
This query is : Resolved
10 March 2014
please tell me when p.f. liability arise on employer and what is slab wages.is it applicble to worker or employee or both??????
10 March 2014
Any employee or worker whose salary/wages is less than Rs. 6500 is to be covered under the liability of PF.
10 March 2014
6500 is the slab for PF. any one above this limit is exempt.
Message likes :
1 times
10 March 2014
It is applicable to any person by whatever name called Employee or Worker
12 March 2014
thanks and tell me one thing more that if a employee's salary is 10000 and employer wants to minimise his contribution then what amount he has to contribute??
12 March 2014
In case of the employees above 6500, it is not mandatory for the employer to contribute towards EPF A/c.
Message likes :
1 times
12 March 2014
However
Where the monthly pay of an employee exceeds six thousand five hundred rupees the contribution payable by him, and in respect of him by the employer, shall be limited to the amounts payable on a monthly pay of six thousand five hundred rupees.
Where the monthly pay of an employee exceeds six thousand five hundred rupees the contribution payable by him, and in respect of him by the employer, shall be limited to the amounts payable on a monthly pay of six thousand five hundred rupees.
Message likes :
1 times
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
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- RCM INVOICING FROM NOV-2024
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
