Dear All,
I have read in many posts and magazines regarding the wage ceiling of PF potentially changing from ₹6500 (Basic) to ₹15000 (Basic) soon. Kindly inform me whether the ceiling has been revised or if it will be effective from 1st April 2011.
Regards,
Ashu Singh
HR (MacMOHAN PHARMa LTD)
From India, Hyderabad
I have read in many posts and magazines regarding the wage ceiling of PF potentially changing from ₹6500 (Basic) to ₹15000 (Basic) soon. Kindly inform me whether the ceiling has been revised or if it will be effective from 1st April 2011.
Regards,
Ashu Singh
HR (MacMOHAN PHARMa LTD)
From India, Hyderabad
The ceiling salary is still Rs. 6500. Also no decision being taken to hike ceiling limit w.e.f 01.04.2011. Abbas.P.S
From India, Bangalore
From India, Bangalore
The ceiling of the P.F. limit is still Rs. 6500/-, there is no change in this limit. The only change is that if there is no contribution in the P.F. account for 36 months, the accruing of interest on P.F. will be stopped w.e.f. 1st April 2011.
Rajiv Singh
From India
Rajiv Singh
From India
Do anybody have the PF Forms, can you share it .which form I have to use to provide employees details to department
From India, New Delhi
From India, New Delhi
We refer the News of ESIC amendment in slab which was raised to a maximum slab of Rs. 15000 instead of earlier Rs. 10000 from 01.05.2010.
In this context I would like to have a suggestion to you to increase the PF slab also as the current PF slab is Rs. 6500 since long. Now due to the global financial situation it is very necessary to amend this slab because at the time of retirement at the age of 58 employee working in a private sector will get very nominal amount. It will be very hard for a person to run his family with PF amount and pension amount what he will get as per the current slab
As you are aware inflation rates are in upward trend and rates of all the necessary items has increased steeply. How can an average middle class Indian can fulfill his basic requirements from above PF amount when he retires.
I think government should change the policy and take some more effective actions keeping in mind long time inflation rate. You can understand the critical position of a person retiring at the age of 58 especially private sector employees.
Government should think about middle class family. “Poor are becoming poor day by day”
Expecting some amendments in PF slab in the new Fiscal Year.
From India, Vadodara
In this context I would like to have a suggestion to you to increase the PF slab also as the current PF slab is Rs. 6500 since long. Now due to the global financial situation it is very necessary to amend this slab because at the time of retirement at the age of 58 employee working in a private sector will get very nominal amount. It will be very hard for a person to run his family with PF amount and pension amount what he will get as per the current slab
As you are aware inflation rates are in upward trend and rates of all the necessary items has increased steeply. How can an average middle class Indian can fulfill his basic requirements from above PF amount when he retires.
I think government should change the policy and take some more effective actions keeping in mind long time inflation rate. You can understand the critical position of a person retiring at the age of 58 especially private sector employees.
Government should think about middle class family. “Poor are becoming poor day by day”
Expecting some amendments in PF slab in the new Fiscal Year.
From India, Vadodara
Dear seniors Please advise me how PF monthly returns prepared to submit the Pf Office with Challan, returns should be Monthly are yearly? regards, Ramesh.G
From India, Hyderabad
From India, Hyderabad
Dear Ramesh,
Attached is the PF Monthly Remittance format. Every month, before the 15th, please submit it to SBI Bank and collect the form after 2 to 3 days. Attach Form 5 and Form 10 with the challan copy and submit them to the PF office monthly (this is for Monthly Remittance). Submit the yearly return with Form 3A in the month of March.
Thanks
From India, Coimbatore
Attached is the PF Monthly Remittance format. Every month, before the 15th, please submit it to SBI Bank and collect the form after 2 to 3 days. Attach Form 5 and Form 10 with the challan copy and submit them to the PF office monthly (this is for Monthly Remittance). Submit the yearly return with Form 3A in the month of March.
Thanks
From India, Coimbatore
Hi, Please search "pfregister" on this site, i think your every problem will be solve about pf clallan, monthly return, and yearly (including form 3 -a, revised etc.)
From India, Mumbai
From India, Mumbai
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