Dear All, Please help me. PF has to be deducted for actual Basic + DA or Is it enough to deduct PF for only Rs.6,500/- (Rs.780/-). With regards SACCRATIS
From India, Hyderabad
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From India, Hyderabad
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Hi,
Please find comprehensive information on the Provident Fund that I had previously posted. Check out my post where you will find the associated forms linked below:
LINK: https://www.citehr.com/258807-provid...tes-forms.html
Regards,
Shweta
From India, Mumbai
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76Please find comprehensive information on the Provident Fund that I had previously posted. Check out my post where you will find the associated forms linked below:
LINK: https://www.citehr.com/258807-provid...tes-forms.html
Regards,
Shweta
From India, Mumbai
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Hi. The wages/salary includes Basic Pay + D.A. + Any Concessional Food Value. Please read section 2-F of the EPF & MP Act 1952, i.e., Definitions and Contributions, etc.
Contribution up to 6500 is compulsory. If it is crossed, it can be restricted up to 6500 and requires the consent of the employee if one wants to restrict it; otherwise, it will continue automatically.
From India, Chandigarh
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Contribution up to 6500 is compulsory. If it is crossed, it can be restricted up to 6500 and requires the consent of the employee if one wants to restrict it; otherwise, it will continue automatically.
From India, Chandigarh
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Provident Fund - Excluded Employee - Definition.pdf