Can You Opt Out of PF if Your Basic Salary is Under Rs. 15,000? How Does It Work?

digicpsingh
Respected seniors, if one's basic salary is less than Rs. 15,000, then one can opt out from PF. If yes, then how?

Regards,
Cp Singh
korgaonkar k a
Now the PF is mandatory up to Basic/Basic + DA Rs. 15,000. You have no way out. This subject has been well discussed on this forum on a number of occasions.
digicpsingh
Sir, I have one query in my mind: if anyone’s CTC is Rs. 20,000 per month, then how can we calculate the Basic Salary and perform a reverse calculation in the case of CTC given?

Regards,
Cp Singh

attribution https://www.citehr.com/507429-revers...#ixzz3EInD0yKK
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute