Dear Seniors,
In our company, we are deducting PF 12% on actual basic salary even the salary exceeds Rs.6500/-. While enquiring Form 23 at our EPF office, the accounts officer asked me how you can remit more contribution above the ceiling limit of Rs,6500/- if your mgmt wish to continue PF deduction for actuals above Rs.6500/- you have to get permission from EPFO. Then i asked the mam the format for applying permission but she told that we had found the mistake and we will send a notice to your org and then you apply for the same.
Pls clarify is there any prior permission is required for additional contribution?
look forward to your valuable guidance.
Regards,
b.saravanakumar