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Employee provident fund scheme

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 August 2011 MINIMUM AND MAXIMUM SALARY FOR THE CONTRIBUTION OF EMPLOYER IN THE EPF SCHEME.

IF ANY EMPLOYEE HAVE SALARY MORE THAN RS. 6,500/-, CAN EMPLOYER IS LAIBLE FOR THE CONTRIBUTION IN EPF A/C.
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U S Sharma

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U S Sharma (Expert)
26 August 2011 contribution over salary of 6500 is to be decided upon mutual agreement between employer / employee, its not mandatory but voluntary.
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Tushar Desai

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Tushar Desai (Expert)
26 August 2011 agreed with Mr Sharma. additionally, there is a limit regarding minimum number of employees in the firm. So, this should also be considered.
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