Aniket Pathak
Sr. Officer Hr
Yatin Pundhir
Industrial Relation
Srinath Sai Ram
Hr Manager
Manager- Hr & Ir
+4 Others

Thread Started by #AAKASH HR

Hello All I am having problem regarding PF deduction. Can we deduct PF from Gross Salary excluding HRA?
16th May 2017 From India, New Delhi
PF deduct only on BASIC+DA. It will not deduct on gross salary only ESIC deduct on gross salary.
16th May 2017 From India, Gurgaon
EMPLOYEE 12% /10% ## 0 0 0 0
EMPLOYER Difference of EE
share and Pension
8.33% ## 0.5% ## 0.85% !!
[w.e.f. 01-01-2015]
0.01% $$
10% rate is applicable for
 Any establishment in which less than 20 employees are employed.
 Any sick industrial company and which has been declared as such by the Board for Industrial and Financial
 Any establishment which has at the end of any financial year, accumulated losses equal to or exceeding
its entire net worth and
16th May 2017 From India, New Delhi
Dear sir Deduction of effort basic+d.a. Epf deduct one time after that if the basic+d.a up of the ceilling amount. We can not stop Deduction of epf
17th May 2017 From India, Pune
Dear Aakash,
with regard to PF on gross the Madras High court has given the judgement in one of cases that Exclude the HRA all the allowances shall be the part of Wages for the chargability of PF however the review petition has been filed in supreme court. Hence this issue is awaiting on supreme court judgement whether PF contribution shall be mede inclusive allowances exclude the HRA or not. till then follow the existing wages definition as per sec 2(b) of the said act. charge PF on Basic plus DA?
Thanks & Regards
HR & Labour, Corporate Laws Advisor
17th May 2017 From India, Agra
Dear Sir,
Latest contribution of epf sharing ratio as given below-
A/c No 1 =12% EE
A/c No 1 =3.67% ER
A/C No10 =8.33%
A/c No 2 =0.65% w.e.f 01.04.2017
A/c No 21=0.5%
A/c No 22=0.01%
Minimum Admin Charge=500/- A/c No-02
Min. Inspection Charge = 200/- A/c No 22
Non Contribution min. admin & Inspection Charge =75/- & 25/-
17th May 2017 From India, Pune
You can do so. But what will happen is gross salary will be considered as basic salary for calculation of gratuity. This is so as you intend to deduct PF on gross salary whereas it is to be deducted on basic & DA, if any.
18th May 2017 From India, Mumbai
Hi Admin charges reduced to. 65% and inspection charges NIL we’d 1.4.2017 Regards Pranesh
19th May 2017 From India, Bangalore
Dear Mr Suresh Kaushik, you have mentioned that "A/c No 22=0.01%" Please note that w.e.f 01/04/2017 "No Sum is payable towards EDLI Admin Charges i.e A/C # 22
19th May 2017 From India, New Delhi
Hello All
Greetings of the Day!
I want one more help from you guyz. Actually I m working in a company where about 100 Employees works.
And the company is telling me to provide best scheme regarding PF and ESI contribution. Can anybody help me regarding the scheme. (i.e. How can I help the company with lowest expenses on PF contribution ?)
I mean how can I include less employee in PF contribution?
20th May 2017 From India, New Delhi
put a lock or ceiling limit do not deduct the pf of the employees having basic + da more than 15k.
20th May 2017 From India, Pune
Also pf can be deducted on gross salary if the salary has no breakup and termed as consolidated salary while probation. after getting confirmed with proper break up according to pay grade it could be deducted on Basic+da
20th May 2017 From India, Pune
Dear Mr Aniket Pathak,
Your Statement that "do not deduct the pf of the employees having basic + DA more than 15k" is not tenable legally.An Employee who is covered under EPF wll continue to be covered under EPF Irrespective of his EPF Wages going above EPF Wage Ceiling of Rs15,000/- However, Employer can restrict EPF Contribution to ceiling Limit i.e Rs15,000/- Please go through EPF Act & EPS,1995 for the sake of understanding
20th May 2017 From India, New Delhi
Dear Sir, Thanks for adding up but, i was suggesting it for new coming employees.
22nd May 2017 From India, Pune
Dear Mr Aniket,
Even for New Employee Joining the Establishment whose Entry Level EPF Wages is more than Rs15,000/-, Automatically you can not exclude him from EPF Coverage.Action as deemed fit to be initiated only after obtaining EPF Form No 11 (New) & based on the information furnished therein.Please note that EPF is a beneficial legislation & to the extent possible Employers should encourage Employees to become EPF Members. The rate of interest is more than industry standard & consistently you get interest.
22nd May 2017 From India, New Delhi
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