Hi All, My company deducts Rs. 780/- as PF for employees who are earning more than Rs. 6500/- as well. Is this a correct practice? Do you have any documentation that supports this?
Thanks,
M. Parmar
From India, Mumbai
Acknowledge(0)
Amend(0)
Thanks,
M. Parmar
From India, Mumbai
Acknowledge(0)Amend(0)
The ceiling limit of salary for EPF is Rs. 6,500, i.e., the statutory obligation is only up to the ceiling limit. Beyond the ceiling, it is optional. This is the case for those already registered with PF. Regarding a new employee whose salary is above the ceiling limit, the employer is not obliged (statutorily) to remit PF.
Regards,
Abbas P. S.
From India, Bangalore
Acknowledge(0)Amend(0)
530Regards,
Abbas P. S.
From India, Bangalore
Acknowledge(0)Amend(0)
how to calcute the provident fund in different condtition accounts as 1,2,10,21,22 what percentage assingin for particular account? is it necessary to cut tyhe pf of every employee?
From India, Alwar
Acknowledge(0)Amend(0)
From India, Alwar
Acknowledge(0)Amend(0)
My company deducting 780 per month as pf, please confirm as per law the company also should contribute 780 to my pf account and how I can get the deetails. Santhosh Kumar KP
From India, Madras
Acknowledge(0)Amend(0)
From India, Madras
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
SC Judgment-No obligation to excess contribution than Statutory Limit.docx
Calcu. pf Emp.eps.epf sample sheet for HR site..xls