PF Deduction - Pf Deductions [Thread 303120]

Hi All,
My company deducts Rs.780/- as PF for employees who are drawing more than Rs.6500/- also. Is this a correct practise? Do you have anything in black and white that supports this?
Thanks,
M Parmar

Dear M.Parmar,
The ceiling limit of salary for EPF is Rs. 6500. i.e The statutory obligation is only upto ceiling limit. Beyond ceiling, it is optional.
This is the case of those already registered with PF. Rgarding a new employee whose salary is above ceiling limit, the employer is not obliged (statutory) to remit PF.
Abbas.P.S

tell me about all holidays spell which provide to employee by the company &condition where is apply?

what is procudure to provide the holidays to the employee(el, pl cl, etc) &eligiblity condition for the employee to pursuade it?

how to calcute the provident fund in different condtition accounts as 1,2,10,21,22 what percentage assingin for particular account? is it necessary to cut tyhe pf of every employee?

My company deducting 780 per month as pf, please confirm as per law the company also should contribute 780 to my pf account and how I can get the deetails.
Santhosh Kumar KP

hello sir thils is shaikshavali working as a hr excutive in care hospital.....sir what practice has been using in ur company is correct sir.....

Hello sir this shaikshavali working as a hr executive......sir the practice which is using in ur company is correct sir.....

Dear all,
Actually in PF deduction the amount that is deducted from employee and the amount contributed by the company should be same. But how many companies are doing this?

Dear Sir,
As per the provision of Factories Act, 1948, Every Year those industies which comes under the Defination of Factory should have to submit list of holidays to the respective District - Dy. / Asst. Director - Industrial Safety and Health in the Month of Dec. for the next succedding year.
This list covers National Holidays, which are declared by Union Govt. ( i.e.Central Govt. ) and some are those holidays which are declared by State ( i.e. State Govt.) Apart from this District Collector have authorities to declare some holidays.
These all holidays are Paid Holidays.
List
26th January - Republic Day
1st May - Maharashtra Day ( applicable for the state of Maharashtra)
15th August - Independence Day
1 day of - Dashera
2/3 days of - Deepawali
I hope this will help you.
Prahsant