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Dear Sir,

Please clarify EPF and EPS deposit updated limits. Suppose the Basic Salary is 25000/- and HRA and other allowances are Rs. 15000/-. For PF at 12%, how much can be deducted and deposited?

The maximum deduction on the Basic Salary of 15000/- (maximum limit) x 12% = 1800/-. Alternatively, can the deduction be on the Basic Salary of 25000/- x 12% = 3000/-?

Thank you.

From India, Hyderabad
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Please any one send professionally pf and esi related covering letter format.
From India, Chennai
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Rs 15,000/- is the maximum limit of salary, i.e., basic and DA, for the deduction of EPF contribution amount as per EPF Act. However, it's up to the employer and employee if they mutually agree to deduct EPF contribution at a higher rate of salary.
From India, Vadodara
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