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.
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Tax liability on income of freelancer
- GST ON DAMAGED GOODS
- Loan by Partnership Firm
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
