Easy Office
LCI Learning

Provident fund Applicablity

This query is : Resolved 
Profile Image

Profile Image

(Querist)
02 November 2009 Dear Respected Member,

What is the PF deduction limit of any employee or no deduction , if employee is drawing a basic salary above 6500.00 ? & also what is applicability limit for ITES/BPO firm (Employee Count) ?


Thank in advance
Profile Image

CA. B.SRINIVASULU

Profile Image

CA. B.SRINIVASULU (Expert)
02 November 2009 Employee count should be 20 for pf applicability.

If the salary exceeds rs.6500 then for the purpose of pf his salary will be restricted to rs.6500.
Profile Image

Taranjit Singh

Profile Image

Taranjit Singh (Expert)
02 November 2009 agree



Profile Image

CA SANJAY MUKHERJEE

Profile Image

CA SANJAY MUKHERJEE (Expert)
03 November 2009 Agree with expert but if employer wants he can pay PF on higher salary also.
Profile Image

Kishanlal Paliwal

Profile Image

Kishanlal Paliwal (Expert)
14 November 2009 Agreed with Shri B.Srinivasulu & Sanjay Mokharjee,

I and would like to add that the same rules are applicable to ITES/BPO also.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links