PF towards employee contribution is deducted on gross wages statutorily at the rate of 12 % of gross wages, comprising Basic Pay, Dearness Allowance and retaining allowance, if any, for an amount of Rs. 15,000 (that means Rs. 1800 P.M.) Employee is permitted to increase the contribution voluntarily.
From India, Mumbai
An employee of Income Tax department being a government servant is not covered by Employees Provident Fund and Misc. provisions Act, 1952 but will be covered by Central Government Statutory Provident Fund.
From India, Kannur
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