Anonymous
Dear All, We are a new setup company in April 2023. Is it mandatory for employers to contribute PF on 12% of actual wages, instead of capping at INR15,000?

Acknowledge(0)
Amend(0)

Hi Statutory requirement is 12% on Rs. 15000/- only. Employer 12% ; Employee 12% However Employer and Employee on mutual consent may contribute on actual PF wages also but not mandatory.
From India, Madras
Acknowledge(1)
IZ
Amend(0)

It's not mandatory to contribute 12% of the entire basic. The statutory limit is 15K, so you are supposed to contribute a maximum of 1800. As per the Supreme Court decision, PF-able wage will include a few components other than Basic.
From India, Surat
Acknowledge(0)
Amend(0)

CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.







Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2025 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.