PF calculation is only behalf of basic pay or Basic pay + D.A.? please answer my question.
From India, Nangal Township
From India, Nangal Township
PF Ceiling has now extended to INR 15000. Hence 12% of which would be 1800. If you are having staff whose basic+da exceeds 15000, you can constrain the contribution to 12% of 15000 i.e INR 1800.
Notification of EPFO for extension of wage limit to INR 15000 is enclosed hereunder for your information please.
Regards,
S.N.Raju.U.
From India, Hyderabad
9Notification of EPFO for extension of wage limit to INR 15000 is enclosed hereunder for your information please.
Regards,
S.N.Raju.U.
From India, Hyderabad
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PROVIDENT FUND CALCULATION.xls
PF Calculation Sheet To The Subscribers At the Time Of Provident Fund Withdrawal.pdf