EPF and EPF Wage
This query is : Resolved
03 September 2010
Dear All,
A company is deducting PF from its employees maximum upto Rs. 780 same amount employer is contributing upto max of Rs.780.Then i think EPF and EPS wage will be same....as if a emp's Basic+DA =10000 then PF is Rs.780(Max amt)is it correct?????
A company is deducting PF from its employees maximum upto Rs. 780 same amount employer is contributing upto max of Rs.780.Then i think EPF and EPS wage will be same....as if a emp's Basic+DA =10000 then PF is Rs.780(Max amt)is it correct?????
03 September 2010
yes its correct.
03 September 2010
see the base limit is 6500/- & 12% of 6500/- works out to be @ 780/-. so 780/- is correct.
if anyone is drawing more tan 6500/- basic + DA, mandatory PF deduction is only 780/-, rest is optional
if anyone is drawing more tan 6500/- basic + DA, mandatory PF deduction is only 780/-, rest is optional
Message likes :
1 times
03 September 2010
Then can i take EPS wage as EPF wage in the monthly 12a,3a register?????
03 September 2010
Yes..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Urd purchase entry in tally prime
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
