Reg . EPF deduction.
If gross salary is 30000, hra 8000, EPF deduction @ 12% on 11000(50 % of 22000 means gross - hra = pf wage.
Is it correct OR it is a case of excluded person as gross salary is more than 15000/- month.
OR EPF deduction should be on 15000/- i.e. 50 % of gross salary per month ?
Thanks and regards.
If gross salary is 30000, hra 8000, EPF deduction @ 12% on 11000(50 % of 22000 means gross - hra = pf wage.
Is it correct OR it is a case of excluded person as gross salary is more than 15000/- month.
OR EPF deduction should be on 15000/- i.e. 50 % of gross salary per month ?
Thanks and regards.
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EPF ON LINE REGN. USER MANUAL.pdf