Pf deduction
This query is : Resolved
31 May 2012
is there upper limit of Rs. 6500/- for employers contribution irrespective of the actual basic amount. e.g., Rs. 10,000/-
CA PARTH SHAH
(Expert)
01 June 2012
yes it is true. As per EPF Act, maxiumum amt of salary on which PF is to be deducted is Rs 6500.
CMA Ramesh Krishnan
(Expert)
01 June 2012
Only Pension fund the upper limit you can choose Rs.6500, but the Provident fund actual basic only
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
