There is a change in PF ceiling of Rs.15000/ from 6500/-INR. But his basic pay is Rs. 12,000/- only. If it is equal or more than 15K then only 1800 will be applicable.
From India, Chennai
Hi , PF ceiling had increased from 6500 to 15000 but calculation of PF is still on the basis of Basic+DA not in Gross salary so based on the given salary details your deduction will be the amount of Rs 1440 Can't be 1800 you may check the excess amount details with concern HR .
Hope you clear.
Sandeep Krishnan R.
From India, Kochi
As per current PF Act the PF should be calculated on Basic + DA. In the above mentioned Salary break up DA is not being shown, only Basic Rs. 12000 is being mentioned it means that PF should be deducted @ 12% on Basic only. Hence thae deduction of Rs.15000 is excess. Report this to your HR / Accounts.
From India, Allahabad
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