Dear All, As our company is paying salary & PF for the whole days in the month (including sundays) for the staff, how could i show non contributory period or days in the Form 3A column. Usha.
From India, Madras
From India, Madras
I am working as a manager in the company, but I want to know if we should deduct the PF on minimum wages or less than that. If the minimum wage is 6098, then what is the minimum basic we can set on the same amount?
With Regards,
Ashutosh Kr. Upadhyay
From India, Delhi
With Regards,
Ashutosh Kr. Upadhyay
From India, Delhi
Hi, As per PF Act, wages limit is of RS.6500/- and minimum wgs consisting Basic + DA is upto RS. 6500/- then u have to deduct PF on mim wgs. Regds L C Tokalwar
From India, Nagpur
From India, Nagpur
Non-contributory periods are those days on which the employee is on leave without wages or LOP. You have to track the LOP days in the financial year and record them in Form 3A. This data is also required when you submit the claim for the pension.
Regards,
M.V. Kannan
From India, Madras
Regards,
M.V. Kannan
From India, Madras
If somebody's wages are Rs. 7500.00, and he opts for the upper ceiling of Rs. 6500.00 for PF deduction, what should be done if, in any month, he is absent for 3 days and his basic wages stay at Rs. 6800.00 for that respective month? Do we have to deduct PF at the rate of Rs. 6500.00, or should we take a proportionate amount of Rs. 6500.00 based on attendance days, i.e., Rs. 6200.00? The same calculation applies in the case of pension fund deposition.
Request to revert back on this.
From India
Request to revert back on this.
From India
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