Provident fund Applicablity
This query is : Resolved
02 November 2009
Dear Respected Member,
What is the PF deduction limit of any employee or no deduction , if employee is drawing a basic salary above 6500.00 ? & also what is applicability limit for ITES/BPO firm (Employee Count) ?
Thank in advance
What is the PF deduction limit of any employee or no deduction , if employee is drawing a basic salary above 6500.00 ? & also what is applicability limit for ITES/BPO firm (Employee Count) ?
Thank in advance
02 November 2009
Employee count should be 20 for pf applicability.
If the salary exceeds rs.6500 then for the purpose of pf his salary will be restricted to rs.6500.
If the salary exceeds rs.6500 then for the purpose of pf his salary will be restricted to rs.6500.
02 November 2009
agree
03 November 2009
Agree with expert but if employer wants he can pay PF on higher salary also.
14 November 2009
Agreed with Shri B.Srinivasulu & Sanjay Mokharjee,
I and would like to add that the same rules are applicable to ITES/BPO also.
I and would like to add that the same rules are applicable to ITES/BPO also.
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