Hi all, Is it mandatory to deduct PF from salary less than 15000? Please give clarification anybody.
From India, Hyderabad
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3From India, Hyderabad
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Dear Srinivas, It is mandatory to deduct PF from the employees salary if salary is less than 15000/-.
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Dear Mr. Srinivas,
If your establishment is covered under the EPF Act, all employees whose Gross Basic + DA + VDA is Rs 15,000/- PM and below will come under the purview of the EPF Act. The present EPF, EPS, and EDLI wage ceiling is Rs 15,000/-.
Please note that once the EPF Act is made applicable to your establishment, you are bound to comply with the same.
From India, New Delhi
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If your establishment is covered under the EPF Act, all employees whose Gross Basic + DA + VDA is Rs 15,000/- PM and below will come under the purview of the EPF Act. The present EPF, EPS, and EDLI wage ceiling is Rs 15,000/-.
Please note that once the EPF Act is made applicable to your establishment, you are bound to comply with the same.
From India, New Delhi
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Hi,
Yes, it is mandatory to deduct PF for the employees whose basic salary and dearness allowance are less than Rs. 15,000. You have to be a contributory member of PF. For more information, please refer to the link: https://www.stacowiki.in/en/acts/st-...ident-fund-pf/.
From India, Bengaluru
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Yes, it is mandatory to deduct PF for the employees whose basic salary and dearness allowance are less than Rs. 15,000. You have to be a contributory member of PF. For more information, please refer to the link: https://www.stacowiki.in/en/acts/st-...ident-fund-pf/.
From India, Bengaluru
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SALARY with out PF Deduction.xls
EPF Act.ppt