Plz clarify:
I need help on following points:
1. Employee contribution to EPF has been made voluntary in Union Budget 2015. Has this rule become applicable?
2. At many places I have read that Employer contribution will be calculated on the basis of threshold limit of maximum basic salary (i.e. 15000 now and 6500 earlier) irrespective of the fact that employee is getting higher basic salary. Suppose if employee is getting basic salary of 17000 then should we calculate employer share on Rs. 15000 or on Rs. 17000??
From India, undefined
I need help on following points:
1. Employee contribution to EPF has been made voluntary in Union Budget 2015. Has this rule become applicable?
2. At many places I have read that Employer contribution will be calculated on the basis of threshold limit of maximum basic salary (i.e. 15000 now and 6500 earlier) irrespective of the fact that employee is getting higher basic salary. Suppose if employee is getting basic salary of 17000 then should we calculate employer share on Rs. 15000 or on Rs. 17000??
From India, undefined
3131
Dear singh, as per your question for employee ceiling limit has raised from 6500/- to 15000/- but for employer it remains the same that is 6500/- and percentages, rules, pension rules everything same only
From India, Bangalore
From India, Bangalore
Hi, Please clarify whether this scheme of optional for employee share is applicable or not. We need to implement in our company if it is allotted. please reply
From India, Bangalore
From India, Bangalore
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