How Do I Calculate PF Deductions for My Manager with a One Lakh Salary?

anil09@citehr.com
My manager wanted me to include him in the PF contribution as his salary is one lakh. So, on what basic amount can I deduct his PF?
Gurupada1986
PF Wages Limit

The PF wages limit is ₹15,000. If an employee was a member of EPFO before 2014, you should deduct his PF based on his basic salary as per his salary structure.
raghunath_bv
Hi, As per the Employees' Provident Fund (EPF) rules, the contribution towards PF is calculated on the basic salary. In the case of your manager, with a salary of one lakh, the contribution towards PF would be calculated on the basic salary component. It is important to ensure that the deduction is made in accordance with the EPF rules and regulations to avoid any discrepancies. I would recommend consulting with the HR department or a financial advisor to ensure accurate calculation and deduction of PF contribution for your manager.

Thanks
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