Epf contribution
This query is : Open
sandeep bajpai
(Querist)
11 December 2012
What will be employee's & emlpoyer contribution to EPF?
Employees Basic salary is 24000 per month.
will his contribution calculated on 24000 or 6500 further it goes to epf and pension fund.
Employees Basic salary is 24000 per month.
will his contribution calculated on 24000 or 6500 further it goes to epf and pension fund.
12 December 2012
The present law says it is MUST for 6500/- and beyond it is sweet wish of both employee and employer.
However, please note that yesterday a notification has been issued by which PF shall be applicable @ 12% on full salaries. So please wait and look for the complete details of this Notification.
contact@vkbajaj.co.in
However, please note that yesterday a notification has been issued by which PF shall be applicable @ 12% on full salaries. So please wait and look for the complete details of this Notification.
contact@vkbajaj.co.in
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