Require Official Gazette for Rs.15000 PF Ceiling for basic salary - CiteHR
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Hi Guys,
We are going to register for PF and there is so much of info that i have gathered, that i am confused!
#Query
1. If we fix on the cutoff Slab of Rs. 15000 Basic Salary as per the recent updated rule, does that mean whatever is the Basic salary if its more then 15000 then i should calculate PF contribution on 15000 basic salary slab ?
For Eg : Rs. 55000 CTC PM , the basic is Rs. 16500 i.e 30% of the CTC, in that case i will deduct PF i.e 12% of Rs.15000,or it should be Rs. 16500 only.
2. Also if any basic salary less then 15000, then the pf should be deducted at the actual amount ?
For Eg : Rs. 20000 CTC PM , the basic is Rs. 6000 i.e 30% of the CTC, in that case i will deduct PF i.e 12% of Rs.6000.
Also I request - if you have the official gazette for the updated slab ceiling rule to rs. 15000.. plz share it

Hi,
You can contact us, we will guide you with complete information and share you email id as well to share the notification.
Thanks.

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