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inaktechnologies
1

Dear seniors, I have joined as a hr in a startup recently, here there are 10 employees, on what basis i should calculate PF on their salaries, here every one salaries are above 10k
From India, Hyderabad
Shrikant_pra
264

Brief query. Please note that you will have to registered under act & obtain code number. Act is applicable to orgs engaging 20 or more employees. How many employees you are engaging at present? Employees drawing basic salary of up to Rs. 15000 are required to be covered.
What I have narrated is gist for beginners knowledge; many more actions will follow in case the act is applicable to you.

From India, Mumbai
mukunds chitte
If their is 10 employees, then it is not necessary to deduct the pf, b’cz pf act is not applicable in your organization. Required 20 or more employees for the pf registration
From India, Pune
ashish237164
2

Sir,
our organisation 21 employee and deducted pf last 5 year ago.
10 employee out of 21 is basic salary 10190 and da 7000 toatl salary more then 35000/-
our organisation deduct pf @12% amount of basic salary rs 10190 . its is correct and wrong.


ashish237164
2

our organisation 21 employee and deduct pf last 5 year
10 employee out of 21 is basic salary 10190 and da 7000 and total saalry 35000/-
our organisation deduct pf amount of rs 10190 @ 12 %
it is correct or not pls


Jayarathi
1

Hi, If the gross salary is Rs.35,000(or more than 20k) then minimum PF contribution should be Rs.3600/-(including both employee and employer contribution) Regards Jayarathi Lawrence
From India, Chennai
Shrikant_pra
264

Gross salary is not PF salary, only Basic & DA, if any, together is PF salary.
From India, Mumbai
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