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
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
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