As per the Act the employer has to deduct and deposit EPF amount @12% of Basic Pay for an employee whose salary is upto 15000/-
If an employee is drawing more than 15000/- e.q. Rs. 20,000/- then is it mandatory for an employer to deduct EPF on 15000/- and deposit the share of employee and employer ??
From India, Mumbai
If an employee is drawing more than 15000/- e.q. Rs. 20,000/- then is it mandatory for an employer to deduct EPF on 15000/- and deposit the share of employee and employer ??
From India, Mumbai
630Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Employee Appraisal Form new.doc