Dear Sir,
whether the Educational trusts/institutions are running on no profit basis, kindly clarify the trusts are covered under EPF Act'1952.
Sreenu
HR.
Dear sir,
I want to know that ,with new ammendment of pf , pf dedecuted on minimum 6500&maximum15000 basic w.e.f from 01-09-2014 .after that if any emp's basic salary is 20000 than pf calculate 15000 or 20000.
please tell me
Thanks&Regard
dalip saini
Dear Mr. Saini,
As you mentioned that Emp.'s salary (basic ) is Rs. 20,000/- pm. PF deduction salary is Rs. 15,000/- (mandatory), but it depends on management that they can deduct PF contribution from Rs. 20,000/- also. Then both contribution will be deduct from same salary.
Thanks
Sanchita
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