Dear Seniors, Greetings!! I have a doubt in my mind , Is it possible to deduct PF on any amount less than 6500 of basic salary Regards, Amit.
From India, Delhi
3From India, Delhi
Sir, what is the minimum salary amount on which a company can deduct PF? Regards, Amit
From India, Delhi
From India, Delhi
Hi All,
The same question raised during the pf inspection. As per pf inspector- those drawing basic salary less than 6500/- deduct the pf contribution on differential basic amount for example- if employee getting gross salary rs. 20000/- but his basic is rs.3000/- , as per PF Isnpector this is wrong - he is saying that minimum basic should be 6500/- and now deducted the pf on diff basic i.e rs. 3500/- and depsit to the pf oddice - IS THIS CORRECT- ANY CIRCULAR IS THERE THAT BASIC SHOULD NOT BE LESS THAT RS.6500/-?
From India, Mumbai
The same question raised during the pf inspection. As per pf inspector- those drawing basic salary less than 6500/- deduct the pf contribution on differential basic amount for example- if employee getting gross salary rs. 20000/- but his basic is rs.3000/- , as per PF Isnpector this is wrong - he is saying that minimum basic should be 6500/- and now deducted the pf on diff basic i.e rs. 3500/- and depsit to the pf oddice - IS THIS CORRECT- ANY CIRCULAR IS THERE THAT BASIC SHOULD NOT BE LESS THAT RS.6500/-?
From India, Mumbai
discuss the issue with experts in this filed and they are in opinion that diff. amount should be paid. pf to be deducted on rs.6500/-
From India, Mumbai
From India, Mumbai
Dear Amith, PF Component will be deducted only if when the employee basic is 6500 or more than that it. Minimum basic is 6500. Regards: padmaja
From India
From India
If the basic wage is less than Rs. 6500/- that should basic wage for PF. If it is more than Rs. 6500/- and above, the maximum basis is Rs. 6500/- only.
From India, Nellore
From India, Nellore
Dear sambasivakamasani, sorry it is not clear regarding your posting can u please elaborate it
From India
From India
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PF Recovery Doubt.xls
HC All - Trainees not covered for PF -2010.pdf