Employee provident fund
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 March 2013
IF AN EMPLOYEE DRAWING SALARY MORE THAN RS. 6,500/- P.M. THEN, DID IT IS COMPULSORY TO DEDUCT CONTRIBUTION OF P.F. FROM HIS SALARY.
ACCORDING TO EPF ACT, 1952 BASIC PAY SUBJECT TO A MAXIMUM OF RS. 6,500/- P.M.
ACCORDING TO EPF ACT, 1952 BASIC PAY SUBJECT TO A MAXIMUM OF RS. 6,500/- P.M.
05 March 2013
It is not mandatory if basic salary is greater than 6500 per month.
But If you are already a member of PF, you can not stop the contribution even your basic salary exceeds 6500
But If you are already a member of PF, you can not stop the contribution even your basic salary exceeds 6500
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