I need to know about new EPF rules. Is it deductible from basic only or from total salary? Any ceiling limit for deduction of PF?
From United Arab Emirates, Abu Dhabi

Get a holistic view of Project Management that would cover modern tools & techniques →
Promoted: XLRI - Executive Development Program in Project Management for Senior Professionals (Explore Course)
Hi Kalyan,
It's to be deducted @ 12% on total salary excluding HRA for those drawing gross salary of Rs.15,000/-p.m. In respect of those drawing salary above Rs.15000 it's only voluntary on either side, no compulsion.

From India, Bangalore
Thanks Kumar ji for your swift reply
From United Arab Emirates, Abu Dhabi

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHR.Comô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server