Dear All, If an employee has PF deduction and has wages increasing annually, then what is the limit of wage increase ceiling? Is there any wage increase ceiling or have to continue to deduct PF?
there is notional capping on 15000/- however 15000/- capping is not maintained and contribution is maintained above 15000 by employee and employer both, than there is no upper limit prescribed.
PF Contributions have to be Contributed up to Rs15,000/- as on date(Basic/DA/VDA) There is no bar to Contribute beyond Rs15,000/- at the discretion of Employer.However EPS Contributions have to be limited to Rs15,000/- as on date
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