DEAR SIR, THOSE WHO ARE GETTING STIPEND OR CONSOLIDATED SALARY ARE THEY ARE ELIGIBLE FOR PF.DEDUCTION? HOPE YOUR KIND RESPONSE, REGARDS MITESH.
From India, Bangalore
1From India, Bangalore
I am working as a Management Trainee with a PSU and I am on consolidated salary for one year. I am getting PF deducted from my salary.
From India, New Delhi
From India, New Delhi
Well, as per my knowledge PF is deducted on consolidated salary. IR & Legal Gurus your attention is required.
From India, Delhi
From India, Delhi
Dear all,
Pf deduction is statutory requirement for any organization having 20 or more than 20 employees.Pf is calculated on Base salary and DA. The employee contribution is 12% of Base salary+ DA if any. Employer contribution is 13.61%. Out of these, 3.67 % goes to PF contribution and 8.33% to EPS. The remaing covers EDLI and Adm expenses. If Base salary is Rs.6500 or more, then EPS contribution will be Max Rs. 541/. Such employee also comes under the category of exempted employees.
Thanx,
Anil
From India, Ahmadabad
Pf deduction is statutory requirement for any organization having 20 or more than 20 employees.Pf is calculated on Base salary and DA. The employee contribution is 12% of Base salary+ DA if any. Employer contribution is 13.61%. Out of these, 3.67 % goes to PF contribution and 8.33% to EPS. The remaing covers EDLI and Adm expenses. If Base salary is Rs.6500 or more, then EPS contribution will be Max Rs. 541/. Such employee also comes under the category of exempted employees.
Thanx,
Anil
From India, Ahmadabad
My company pay me consolidate pay with PF amount ( my contribution ) , Can i register in Epfo (Govt. of India)
how to apply PF deduction in online
From India
how to apply PF deduction in online
From India
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