6500 is max ceiling and not exemption limit.
If salary (Basic + DA) exceeds, 6500, then salary shall be deemed to be 6500. Organisation, at its discretion, may pay in full irrespective of this ceiling.
From India, Madras
3If salary (Basic + DA) exceeds, 6500, then salary shall be deemed to be 6500. Organisation, at its discretion, may pay in full irrespective of this ceiling.
From India, Madras
Dear Tarun, can you tell whether is it Gross,CTC or NTH. so i can provide the same regards Kris
From India, Kochi
From India, Kochi
Hi,
Thanks to all who contributed valuable information in this topic. Do we have any basic limitation so to achieve the any prescribed PF figure?
I have a salary structure as follows which is recommended by an Auditor.
For the CTC of 1.50 lac
Basic - 6,500
HRA - 3,250
Special Allo - 407
Night Shift Allo - 1250
Employer PF Con - 780
Gratuity - 313
Is this structure OK?
Can any suggest this.
Thanks,
Velu
From India, Madras
Thanks to all who contributed valuable information in this topic. Do we have any basic limitation so to achieve the any prescribed PF figure?
I have a salary structure as follows which is recommended by an Auditor.
For the CTC of 1.50 lac
Basic - 6,500
HRA - 3,250
Special Allo - 407
Night Shift Allo - 1250
Employer PF Con - 780
Gratuity - 313
Is this structure OK?
Can any suggest this.
Thanks,
Velu
From India, Madras
:icon7: I CRIED WHEN I HAD NO SHOES :confused:, SUDDENLY I STOPPED CRYING WHEN I SAW A MAN WITHOUT LEG :!:
From India, Madras
From India, Madras
For ESIC coverage the ceiling is 10,000/- , I suggest you to fix the salary 10050/- so that you can avoid the ESIC and as suggested by Ramamurthy R, make basic Rs.6550. This will exempt you from PF.
Regards
Naik H J
Basic: 4000 HRA: 2000 PF: 480 Conveyance: 800 Medical: 1500 Spl. Allowance: 740 Total: 9520 P.S. EPF would be 480. — - Kumar Amit Ranjan
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