PF Ceiling - Ceiling Limit

Chanchals
Can anybody tell me about compulsory deduction of PF amount whihc was earlier Rs.6500/-. Is there any change in this limit.
h.sree_hr
-> Please let me know if the basic is more than 6500/- P.F will be deducted?
-> Can we deducted more than 12% from employee ( if employee wish to do) & up to how much max % can we deducte?
Waiting for responses from Seniors
Regards,
Sree
h.sree_hr
-> Please let me know if the basic is more than 6500/- P.F will be deducted?
-> Can we deducted more than 12% from employee ( if employee wish to do) & up to how much max % can we deducte?
Waiting for responses from Seniors
Regards,
Sree
Arjunsandy
Hi Niranjan,
PT is deducting on total gross pay, that amount also added if u sanctioned leave.
Sandhya K
Ajay Shukla
Dear All,
There is no any ceiling of salary for PF deduction. Only It is not mandatory by law to deduct the PF contribtuion on above salary/wages from Rs.6500/-. The employee may deduct his own contribution volunterlly but if employer wants he can restrict his share upto the salary /wages limit of Rs.6500/-.
Regards,
Ajay Shukla
Labour Laws Consultant, Kanpur
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SUGHUMARRK
Hi
You can deduct more than 12 % from employee if the employee is wishing to do so , however employer will not contribute any thing.
RK
anilrsharma
Substance , the employee PF contribution can be maximum upto 20% of his basis salary( by giving a written declaration to his existing employer ) but employer contibution is mandatory upto 12% of employee basis salary .
Thanks & Regards,
AK sharma
kkanirudhan
As per Employees Provident Fund Scheme the coverage is for the employees whose salary(basic+DA) or consolidated pay is upto Rs.6500/-PM. Employee can request for voluntary contribution for which no contributory benefit from employer is permitted.
However, the organization can include/cover employees drawing more than Rs.6500/-if they have such policy(with equal percent of contribution)
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