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EPF wage - As per the EPF act can we change the contribution of current employees?


hukkli
1
Dear Experts, Presently we are paying EPF contribution on ceiling limit (Rs15000) but our employees are demanding to deduct on full Basic + DA.
As per the EPF act can we change the contribution of current employees?
From India , Bangalore
vmlakshminarayanan
951
Hi,

PF on ceiling limit is mandatory. However PF on actual Basic+DA is optional. Employer and Employee on mutual consent may go for PF deduction on Basic+DA. This can be implemented from the beginning of any month. You club it along with Appraisal month.
From India, Madras
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India , Bangalore
21 July 2023 12.04.26 PM
Views: 272 Replies: 1 Appreciations: 0



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