Dear Experts,
Still it is not clear. If Employer wants to cut from Only Basic Salary and not to include DA. Is it permisible as per EPF Act.?
Example: An employee's Basic pay is 3000 + 4000 D.A. etc. Can Employer deduct 12% from Rs.3000 and pay 360 + 360 = 720
in EPF? OR compolsary to pay 12% from 7000?
From India, Mumbai
Still it is not clear. If Employer wants to cut from Only Basic Salary and not to include DA. Is it permisible as per EPF Act.?
Example: An employee's Basic pay is 3000 + 4000 D.A. etc. Can Employer deduct 12% from Rs.3000 and pay 360 + 360 = 720
in EPF? OR compolsary to pay 12% from 7000?
From India, Mumbai
Dear All,
PF amount has to calculate from Basic+DA. We can give 12% of Basic+DA if employee getting <=6500.
Because, 6500 is a standard basic for an employee.
actual basic is what employee getting.
Even if it is more than 6500, we can give 780(12% of 6500)
From India, Bangalore
2PF amount has to calculate from Basic+DA. We can give 12% of Basic+DA if employee getting <=6500.
Because, 6500 is a standard basic for an employee.
actual basic is what employee getting.
Even if it is more than 6500, we can give 780(12% of 6500)
From India, Bangalore
Dear,
To know more about PF, you can visit NATIONAL ACADEMY OF INDIAN PAYROLL or call - 0808226688
attribution https://www.citehr.com/492119-salary...#ixzz30LS4fmkB
From India
To know more about PF, you can visit NATIONAL ACADEMY OF INDIAN PAYROLL or call - 0808226688
attribution https://www.citehr.com/492119-salary...#ixzz30LS4fmkB
From India
Dear All,
Please read this thread....
https://www.citehr.com/492113-regard...ml#post2145116
Apart from this we also have so many similar threads related to same.
Request you all to search before you post any query....
From India, Tiruchchirappalli
Please read this thread....
https://www.citehr.com/492113-regard...ml#post2145116
Apart from this we also have so many similar threads related to same.
Request you all to search before you post any query....
From India, Tiruchchirappalli
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Basic 4 pf.pdf