If an employee has a basic 50000/- and is paid days 15 then what amount of PF deduction?

parmjeetamc

If an employee has a basic 50000/- and is paid days 15 then what amount of PF deduction?
20th January 2022 From India, Delhi

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KK!HR

1534

First of all be clear that PF contribution is payable on Basic pay, DA & retaining allowance, limited to the statutory ceiling of Rs. 15,000 pm. So you limit PF contribution either to the ceiling amount or go for the actual amount.
20th January 2022 From India, Mumbai

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If an employee has a basic 50000/- and is paid days 15 then what amount of PF deduction?

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