We were making a payment of maximum PF of Rs.6500.00 on the basic salary of Rs.8000/-.Have we to pay Rs.960/- per the new amended rules of PF.Please advice
From India, Mumbai
Yes, you have to remit 12% on 8000 resulting to an amount of Rs. 960 to EPF. Abbas.P.S
From India, Bangalore
Also please note that the PF is not only payable on the basic salary , but on Dearness Allowance and all other allowances that are payable regularly in terms of the employment . It is not payable on HRA, Overtime allowance, Bonus , Commission or any other payment in the nature of commission
From India, Kolkata
Dear All,
I am also confuse regarding how much % to be deducted.
1.Suppose i have an employee and his drawn salary is 14800/- Gross per month. And he is not the member of EPF but now as per direction of EPF deptt. PF ceiling increased by 15000/-, here is my question is he eligible for EPF member or not.
2. Having new recruitment and his proposed salary is Rs. 13954/- Gross per month........ is she eligible for EPF or not....
Dear / Seniors, please suggest me what should i do....?
Hope for early reply from your side.
Thanks & Regards

From India, Delhi
Dear Bhagat R K, In the above both cases, PF has to be remitted. Now it is statutory to pay PF for a salary upto Rs. 15,000/- Abbas.P.S
From India, Bangalore
Dear Abbasiti,
Suppose if a employee gets 14950/- Gross per month and we maintain his salary break-up as Basic: 6000, HRA: 2600 Conv. 800, Spl. Allow.: 5550. Now my question is it is valid or not ? Second question is Can we manipulate his basic salary Higher / Lesser or its mandatory to deduct his PF untill his salary cross 15000/- limit.

From India, Delhi
Dear Bhagat,
Whether your posting is on PF remittance or pay structure? As far as PF is concerned, 12% of basic+DA (in this case Rs. 6000) has to be remitted to PF. Regarding manipulation, I am unable to answer.
Abbas.P.S

From India, Bangalore
[QUOTE=rakesh_bhagat26@rediffmail.com;2188794]Dear All,
I am also confuse regarding how much % to be deducted. - same 12% on basic
1.Suppose i have an employee and his drawn salary is 14800/- Gross per month. - keep 50% or more in basic and deduct 12% on that.
14800 - basic could be 7500 hence deduction is 900 + employer contribution is also 900
And he is not the member of EPF
this is not possible unless you have a pf trust to give more benefits
but now as per direction of EPF deptt. PF ceiling increased by 15000/-, here is my question is he eligible for EPF member or not.
2. Having new recruitment and his proposed salary is Rs. 13954/-
even if your housekeeping staff receives 7000 as salary you should (have) deduct the epf.
***
reach my mail for more clarification and assistance.

From India, Chennai

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