Epf
This query is : Resolved
Raj Kumar Jha
(Querist)
02 January 2015
Hi sir/ma'am
If an employee basic sallary is exceed than 15000/- then EPF is applicable on their Maximum Basic Sallary or only on 15000/-?
If an employee basic sallary is exceed than 15000/- then EPF is applicable on their Maximum Basic Sallary or only on 15000/-?
02 January 2015
Minimum amount on which PF is to be deducted is Rs. 15000. Beyond this it is discretionary between employer and employee.
Thanks!
Thanks!
02 January 2015
https://www.caclubindia.com/experts/provident-fund-amendments-2014-query-1954604.asp#.VKZyUNKUdic
refer this for detail discussion.
refer this for detail discussion.
Raj Kumar Jha
(Querist)
13 January 2015
Sir my question is if EPF deducted the employee previous now their Basic sallary exceeds 15000 by same employee. the 12% EPF should be deducted on which amount actual basic salary or 15000 only?
14 January 2015
Answer given earlier still holds good in this scenario also.
Thanks!
Thanks!
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