HR_Jayesh Soni
Asst. Manager Hr & Admin
Glidor
Hr Consultant
Alka Kashyap
Sr. Hr & Admin Executive

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hey, If an employee gross salary is 9000/- what will be the EPF wages and EPF deduction?
EPF contribution is applicable on basic salary, rate of deduction is 12% of basic salary
basic salary is below the minimum wages, i want to clarify, 15000 is the basic ceiling wage, on this 12% will be deduct.
my point is; if employee gross salary is 9000, on his basic salary which will be 4500 we will calculate 12% on 4500. is it okay maximum range is 15000, what will be the minimum basic wage

You need to deduct 12% of 9000. because of supreme court judgement say that PF is applicable on sum of all allowances including basic and basic can not be less than local minimum wages.
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™