Salary for the purpsoe of provident fund

This query is : Resolved

CA Ganesh Karthik (Querist)
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02 November 2011 Salary for the purpose of PF means the entire Basic Salary or only upto the extent of Rs.6500/-

Eg. If say the Basic salary is Rs.10,000, is PF supposed to be deducted on the entire Salary of Rs.10,000 or can salary for that purpose be restricted to Rs.6,500?

Thanks in advance

CA Neha Jain

CA Neha Jain (Expert)
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02 November 2011 PF will be deducted on the entire basic pay of Rs.10000

UMESH KUMAR PANDEY

UMESH KUMAR PANDEY (Expert)
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22 February 2013 NO,I AM NOT WITH NEHA JI,THE PF BASIC SALARY LIMIT SHOULD NOT BE CONSIDERES MORETHAN 6500/- AS PER RULES ONLY FOR THE EMPLOYERS BUT EMPLOYES MAY BE CONTRIBUTE VPF. I.E.MORE THAN 6500/-

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Guest

Guest (Expert)

22 February 2013 AGREE WITH UMESH PANDEY........

PF WILL BE ON SALARY MAXIMUM OF RS. 6500/- ONLY.....