Dear All, Please help me. PF has to be deducted for actual Basic + DA or Is it enough to deduct PF for only Rs.6,500/- (Rs.780/-). With regards SACCRATIS
From India, Hyderabad
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From India, Hyderabad
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Hi,
Please find comprehensive information on the Provident Fund that I had previously posted. Check out my post where you will find the associated forms linked below:
LINK: https://www.citehr.com/258807-provid...tes-forms.html
Regards,
Shweta
From India, Mumbai
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76Please find comprehensive information on the Provident Fund that I had previously posted. Check out my post where you will find the associated forms linked below:
LINK: https://www.citehr.com/258807-provid...tes-forms.html
Regards,
Shweta
From India, Mumbai
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The wages/salary includes Basic Pay + D.A. + Any Concessional Food Value. Please read section 2-F of the EPF & MP Act 1952, i.e., Definitions and Contributions, etc.
Contribution up to ₹6,500 is compulsory. If it is crossed, it can be restricted up to ₹6,500 and requires the consent of the employee if one wants to restrict it; otherwise, it will continue automatically.
From India, Chandigarh
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Contribution up to ₹6,500 is compulsory. If it is crossed, it can be restricted up to ₹6,500 and requires the consent of the employee if one wants to restrict it; otherwise, it will continue automatically.
From India, Chandigarh
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Provident Fund - Excluded Employee - Definition.pdf