Discontinue of pf deduction on crossing of thrash hold limit

This query is : Resolved

Sandy (Querist)
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15 December 2018 Dear Sir,

Greeting for the Day!!!

We are deducting PF of an employee.. Now his basic salary has been increase to Rs. 17500.

Could we discontinue to deduct PF due to basic Salary has crossed thrash hold limit of PF Rs. 15,000.

Please suggest.

Thanks & Regards
Sandeep

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 December 2018 No..It can not be stopped even if the basic pay exceeds Rs.15000/pm.But you can restrict the EPF wage (Basic +DA) to Rs.15000 for PF treatment even if the actual basic + DA is more than Rs.15000/PM.