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27 February 2009 What is the limit of salary for deducting the PF from the salary? Whether it is Rs. 10000 or Rs. 6500?

27 February 2009 Hi,
As per the EPF Act,
Rates of Contribution:

a) The Employees' Provident Fund Scheme

In respect of establishments employing 20 or more persons and engaged in industry notified under Section 6 of Act ( other than the Establishments. declared as sick ) 12% of the basic pay DA , Cash value of food concession and retaining allowance , if any, subject to a maximum of Rs.6500/- per month. Voluntary higher contributions are also acceptable at the joint request of the member and the employer




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