Employee salary drawn below ₹15000/- in any month than what about pf? - CiteHR
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
1 employee salary drawn rs. 15000/- per month than pf contribution not mandatory. If employee salary drawn below rs. 15000/- in any month than what about pf?
If RAM salary in month june is 15000 / If RAM salary in month july is 12000 - than need assit. in pf
Hi Team,
Please share the pf calculation as per the minimum wage with salary revision arrears.
for ex:
1) if basic more then Rs.15000/- pf would be calculate 12%.
2) If basic is less then Rs.15000/- below conditions applicable.
* there two location
1) hyd minimum wages is Rs.9300/-
2) Chennai minimum wages is Rs. 13624/-
basic + spl all is loss then minimum wages we need to calculate as per minimum wages amount
for exmple:
employee is location in Chennai. basic + spl all is Rs.11000/_ we want to considered pf wage is
Rs. 13624/-. if basic + spl all more then minimum wages we need to considered gross amount.
like basic + spl all Rs.14000/- as per pf wages is Rs. 14000/_. if basic + spl all more then Rs. 15000/-. we need to considered pf wages is Rs.15000/-.
Regards,
Umapathi

Please Login To Add Reply






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™