Pf act
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2015
Can basic salary be constant for all employees ,Though the total salary varies for the purpose of calculation of pf ,In my company all the employees from directors to junior staff have same basic pay as 6500 .can it be fixed in this manner.Please respond
17 July 2015
No, basic pay should vary. Present PF limit is 15000. Once they are covered under PF they will be continued to be covered under PF irrespective of basic pay.
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