Hi, I have a question regarding PF. For Pf calculation we consider 12% of basic + DA and the higher limit is Rs1800 as Pf contribution..but if the basic is less than Rs.15, 000 and 12% Of basic is less than 1800 then do we consider Pf gross which is basic + da+other allowance..if yes..what all is included in other allowance..any help and answers are welcome
Regards
Neelam
From India, Delhi
Regards
Neelam
From India, Delhi
Be remembered that EPF’s Calculation always done on Basic salary+ D.A or V.D.A whether employees basic are equal to ceiling limit Rs.15000/- or less. Regards, Amit
From India, Delhi
139From India, Delhi
HI,
Please understand you cannot have different procedures for different category of employees. Secondly PF will be contributed on Basic + DA only and if this amount is below 15,000/- then PF to be contributed on actual's. Also, You can contributed over and above the limit of Rs. 1800/- if company management allow for the same.
Please understand you cannot have different procedures for different category of employees. Secondly PF will be contributed on Basic + DA only and if this amount is below 15,000/- then PF to be contributed on actual's. Also, You can contributed over and above the limit of Rs. 1800/- if company management allow for the same.
i want to know if pf deduction is capped at Rs.15000/ and employee worked only 20 days in particular month but if his basic exceed Rs 15000/, than pf is calculated on Rs.15000/ or we have to proportionate Rs 15000/ on 20 days
From India, Delhi
From India, Delhi
you have to remit EPF Contribution on Rs10000/- @12% Calculated on Pro rata basis 15000/30X20
From India, New Delhi
From India, New Delhi
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