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Gajinder
1

Dear Seniors,

At present we have fixed the basic salary at the rate of 60% and in the month of October 2022 we had increased the salary of the employees but in the case of one of our employee we made a mistake that we increased his basic salary by 70% instead of 60% and we also paid his EPF contribution as per the increased basic pay.
So I want to know can we reduce his salary from 70% to 60% now, if yes then can the Employees Provident Fund Department have any objection to this?

Please guide what can we do in this matter.

Thank You

From India, Patiala
Madhu.T.K
3891

Without knowing what the amounts of your Basic salaries constitute, we are unable to give a reply. If your 70% of salary, ie, PF qualifying salary is less than or equal to Rs 15000, then you cannot reduce it to 60%. At the same time, if this 70% is already above Rs 15000, you can reduce to Rs 15000 and start contributing PF on that Basic, ie, Rs 15000. Please revert
From India, Kannur
joseph-vijay-anand
Of course You are answerable to Dept for the deduction.
From India, Chennai
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