NCP Days Of Employeee Then How Can We Deduct The PF Amount With The Limit Of 6500

rajans68
Dear Disha,
PF should be calculated on Basic . If her basic is Rs. 8,000/- then PF will be 12 % of Rs. 8,000/- .
Regards,
Srinivas
kknair
Dear Mathew sir, I know a case where a contractor had deposited contribution on the proportionate basis but ultimately had to pay up at the rate of Rs.780/-pm on the orders of RPFC. I had discussed the matter then with the RPFC and he was stessing as per Section 6 of the Act mandating for payment of PF contribution on the wages being payable to each of the employees covered under the Act and on the definition of para 2(f) of EPF Scheme stating that that an excluded employee is only those employee who draw wages exceeding Rs. 6500/- per month. Although I pointed out that in case the wages of an excluded employee drop below the Rs.6500/- limit, if the employer have to pay contribution for such instances then it will be an anomalousd situation. But he was insistent on his interpretation. There would surely be some official circular from PF organisation, the readers would be benefitted if it is made available. KK
abbasiti
Dear K.K.Nair,
Mr. Varghese Mathew is right in this regard. Salary is meant for one month attendance. Out of two employees with same salary but different in attendance, the earning amount will be different. Accordingly all statutory deductions related to salary will also be different. Otherwise those who have less attendance will be more beneficial atleast in terms of PF. If you have experienced a slippage from any of the RPFCs, It should not be taken as a record against the general ethics and precedences
Abbas.P.S
kknair
Dear all: Let not the vagaries of PF officials decide the matter, and let us get the official version which would surely be there. KK
jitu-panigrahi
a have done the pay ment in may2018 but miss the ncp , how can now chngw the ncp
kumaracme
Dear All
++++++++++++++ Thanks for your inputs. Wish a happy and prosperous festival of lights, DIWALI +++++++++++++
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