As advised by PF authorities, for the last three months (i.e., May, June, and July), we have deducted a 10% EPF contribution from employees instead of 12%. Is there any further notification in this regard for the month of August deduction? Please let me know.
From India, Coimbatore
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20From India, Coimbatore
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So far no further notification has been issued. I don’t think anything is in the pipeline either. Let me update as and when such a thing emerges in due course.
From India, Bangalore
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From India, Bangalore
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Pl.remember, all establishments have to revert to 12% contribution as the reduced rate of 10% was made applicable/limited only for these 3 months as no further extension seems to be forthcoming.
From India, Bangalore
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From India, Bangalore
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Kindly suggest. We have 20 laborers working on a daily wage rate of ₹593. Four persons worked for 26 days in a month, and their gross amount is ₹15,418. We deducted PF on ₹15,000. The rest of the persons worked for, say, 22 days at ₹593 per day, and their gross is ₹13,046. What should be the amount on which PF should be deducted?
From India, New Delhi
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From India, New Delhi
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EPF Scheme Guidelines For Implementation Of PMGKY Credit Of Employers And Employee Contribution .pdf