Can we fix basic rs. 6500 for pf purpose
This query is : Resolved
17 February 2009
Please guide me can we Fix 6500 Rs. as basic for PF Calcullation ( For All Team Members) Take a Example
Ram is working as a GM his Gross Salary per Month is Rs. 90000/- Can we fix 6500/-Rs Basic if he is intersted in PF
or we have to take permission from PF Dept.
Regards,
Lalit Kr Sharma
Ram is working as a GM his Gross Salary per Month is Rs. 90000/- Can we fix 6500/-Rs Basic if he is intersted in PF
or we have to take permission from PF Dept.
Regards,
Lalit Kr Sharma
17 February 2009
You are liable for PF only for those employees whose basic pay is upto Rs. 6500.00 p.m. For those whose basic pay is more than 6500 you are not liable to pay PF, so you can exclude those persons from the PF list.
Message likes :
1 times
30 March 2009
I am agree with Mr. Tilak Raj Sharma but if you require to deduct PF for those employees whose basic salary is more then 6500/- then you can deduct and there is no prior permission require from PF dept.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Tds on commission charges
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- GST ITC REVERSE
- Consolidated financials
- Renovation exp. in flat by family member
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- FAST-DS Scheme - Foreign Assets
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- New GST registration for new place of business.
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
21 September 2026
CA Article Assistant
KK & Company Chartered Accountant
Pune
CA Inter
View Details
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
CCI
Pro
CAclubindia
