PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Consultancy In Pf
Use factoHR and automate your HR processes
Mobile-first hire to retire HR and Payroll software that automates all HR operations and works as a catalysts for your organisational growth.
Vidyadhar BhatDear PBS Kumar,
There are no changes in IW wages. EPF wages without cap means there is no cap of Rs. 15000/- for EPF or EPS. Basic plus DA what ever amount comes will be PF wages and 12% MC 8.33 % EPS and 3.67% CC will be deducted and paid to RPFC.
IF the IW member is from the country with whom SSA is signed, and is carrying COC ( Certificate of Coverage ) from his country, PF will not be deducted.
From India, Pune