Basic salary limit under epf

Labour & Industrial 764 views 3 replies

Dear Member, 

I want to know about the cretria for determining the basic salary for EPF. Is there any requirement like basic should be at least 40% or 50% of total salary ?

it is urgent.

Thank you

 

Replies (3)

Hi

 

As such there is no crieterion for Max amount, but monimum amount should be in line with Minimum wages.

 

Thanks//VaibhavJ

Hi

 

As such there is no crieterion for Max amount, but monimum amount should be in line with Minimum wages.

 

Thanks//VaibhavJ

As far as I concern maximum limit of EPF deduction is Rs. 780/- per month which shows that EPF should be deducted @ 12% on basic salary of Rs. 6500/- per month or less.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register