Is PF deduction under the PF Act applicable to employees drawing a basic salary of more than Rs 6500?

heenagshah

Hi, Is PF deduction under the PF Act applicable to employees drawing a basic salary of more than Rs 6500? I mean if their basic salary is more tan Rs 6500, is PF deducted on the salary of Rs 6500 or is it that the Act does not apply to such employees but is only applicable to employees drawing a basic pay of Rs 6500 and less??
Heena
28th March 2008 From India, Madras

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bhagwan_07

Hi.........
Practically PF is mendatory to those employees who have Salary less than Rs. 6500 pm. Above Rs. 6500 salary pm employees have option that either they contribute in the same or not. In other words they can avail this social security option if they wish.
rgds
28th March 2008 From India, Mumbai

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