Menu
epf limit
if person basic salary 18000 ...epf deduct or not?
Replies (6)
Applicability of Provident Fund depends upon the Firm in which the person is working. Generally, if an establishment employes 20 or more employees, It shall have to be registered mandatorily under epf scheme subject to some conditions.
yes company registered in epf...
Minimum wages ceiling for mandatory EPF contribution is Rs. 21000 per month
so epf applicable?
Pardon. Limit was supposed to increased to Rs. 21000 per month but not increased.
As of now, minimum wages ceiling is Rs. 15000 per month. So in your case epf is applicable.
https://www.ibtimes.co.in/bad-news-govt-not-raise-epf-cover-wage-limit-rs-21000-766778
okay thank you sir
Recent Topic
- LTCG on unlisted foreign shares acquired in inheri
- SBI Funds Management IPO Allotment on July 17: Lis
- PF Final settlement shown in Salary Form 16 FY 26-
- ITR3 online utility: Part B TTI is populating fiel
- Sale of rural agriculture land
- How to show Capital Gain on gifted property
- TIS Glitch Alert : inflated summary
- IT returns of partners
- Challan status in Payment Failed but amount deduct
- Sec 54 exemption
Related Topics
CAclubindia
