please let me know, what is the maximum salary limit to contribute in PF. or upto what salary we can deduct PF of employee.
From United Arab Emirates, Dubai
From United Arab Emirates, Dubai
The ceiling limit of monthly salary is Rs. 6500. But above the ceiling it is optional to employer and employee. If both willing to contribute on actual salary in excess of ceiling limit, at present ther is no restriction.
Abbas.P.S
From India, Bangalore
517Abbas.P.S
From India, Bangalore
thanks. both will contribute 12%? what is the procedure in a company. which form is to fill and where to submit that form. where the company submits the form of new employee
From United Arab Emirates, Dubai
From United Arab Emirates, Dubai
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf