Pf

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 January 2018 Dear Experts
If salary (Basic + DA) of an employee is Rs 25000 per month, how much PF would be deducted.

please reply as soon as possible.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 January 2018 12% on 15000 will be deducted.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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17 January 2018 It's Depends on Employer as per Act PF ceiling salary i.e. Basic+DA Rs.15000/- Salary EPF calculated @12%, if Employee salary Excellent above 15000/- Basic employer can restrict PF to the extent of 15000/- or employer can exempt from deduction from PF or Employer can Give to the Full basic +DA. EPS restricted to 8.33% Rs.15000/- Rs.1250/- balance balance I adjusted to EPF .

Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2018 Thanks Sir, one more think i would like to ask, whether PF @12% on 15000 to be contributed by employee also or he ca contribute extra amount.
please reply.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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19 January 2018 Yes 12% has to be contributed by employees also. Employees can contribute extra amount.