Appilicability of provident fund

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 April 2014 Hello,

I would like to know if the basic pay of an empoyee is more than 20,000 per month, is he eligible to get provident fund on 6,500 rupees?
In other words does every employee get contribution for provident fund from his employer regardless of his basic pay.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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29 April 2014 The 6500 is the salary limit after which provident fund regualtions become applicable.

For salary @ 20000 pm, the provident fund contribution by employee and employer is per month Rs 2400 each.

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