About PF Deduction - Pf Deductions [Thread 513740]

Dear all
My self Anup Ojha and I m working with a Construction company i have some problem about pf Deduction, what i should when employee get more the Rs 15000.P.M. Is it nesseary to deduct the pf or not, if not then how i may deduct the pf of them.
Thanks

Dear Anup Ojha,
Generally salary for PF deduction means Basic + DA only. For those already registered PF, salary doesn't a matter. In case of fresh joining, those draw salary up to Rs. 15000 will come under PF.
The above statement is regarding statutory obligation. If employee and employer wish, there is no restriction of salary to contribute to PF.
Abbas.P.S

Thanks sir
But i want to know that when employee get Rs.30000 to 40000 salary in that condition how we can dedicated the pf if we can?? then send me with example ...where we can show that amount in salary sheet with company act.

Sir
I want to learn Online PF and ESI challen generate. So please help me in this. Till the date my consulate made this but I need to learn.

Dear Anup,
1) In case PFable salary at joining it starts Rs. 15001/=pm or more you need not cover them.
2) In second category if Basic salary ( plus DA if your company is paying) is less than Rs.15000/ pm, then employees shall be under PF limit.
3) In case employees are working with your company for past so many years and with increase in PFable salary exceeds / crosses Rs. 15000/ monthly, then he will be under PF coverage.
4) Employees after serving for so many years in your organization, and he was under PF coverage and with increase every year in salary suppose his PF salary is more than Rs.15000/ pm then you have to continue them under PF cover.
Regds,
RDS Yadav
Management Consultant and Trainer
+91-9634532026

dear all,
first of all happy new year to all!
please help ... my company has started pf proceudre this month, i need to inform all employees in written ( formal information ) about pf dedcution... pf was already deducted in dec month.
can u please help me with the circular of format for the same, so that i will distribute in team