Can an employer restrict PF Salary from Rs 10000 to Rs 6500 to an employee even though the employee was being paid 12 on Rs 10000.
From India, Bangalore
From India, Bangalore
Hi Anand Yes. As there is ceiling limit of Rs. 6500/- EE can contribute 12% on entire basic where in ER can restrict to the ceiling limit.
From India, Bangalore
639From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
EPF Higher Wages from Employer's end.xlsx
EPF ON LINE REGN. USER MANUAL.pdf