PF Deduction on Basic Salary of ₹25,000
If someone's basic salary is ₹25,000, is PF deduction applicable? If yes, what percentage is deducted? Is it compulsory to deduct PF for every employee? Please provide information according to Indian PF deduction rules and acts.
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Regards,
From India, Delhi
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If someone's basic salary is ₹25,000, is PF deduction applicable? If yes, what percentage is deducted? Is it compulsory to deduct PF for every employee? Please provide information according to Indian PF deduction rules and acts.
Please revert to me at [Email Removed For Privacy Reasons].
Regards,
From India, Delhi
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Basic + DA above ₹6,500 can be exempted from PF deduction. Employees have to fill out Form 11 for the exemption. However, it is recommended to extend the PF facility since it is an added benefit for the employee. The CTC can include the Employee (12% of Basic + DA) + Employer's (13.61% of Basic + DA).
Hope the above info is helpful to you.
Regards,
From India, Pune
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95Hope the above info is helpful to you.
Regards,
From India, Pune
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Clarification On PF Deduction For Indian Employees (International Workers) Returning From Foreig.pdf
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