As advised by PF authorities, last three months (i.e., May, June, and July), we have deducted 10% EPF contribution from employees instead of 12%. Is there any further notification in this regard for the month of August deduction... please let me know.
From India, Coimbatore
Acknowledge(0)
Amend(0)
20From India, Coimbatore
Acknowledge(0)Amend(0)
So far no further notification has been issued. I don’t think anything is in the pipeline either. Let me update as and when such a thing emerges in due course.
From India, Bangalore
Acknowledge(0)Amend(0)
From India, Bangalore
Acknowledge(0)Amend(0)
Pl.remember, all establishments have to revert to 12% contribution as the reduced rate of 10% was made applicable/limited only for these 3 months as no further extension seems to be forthcoming.
From India, Bangalore
Acknowledge(0)Amend(0)
From India, Bangalore
Acknowledge(0)Amend(0)
Kindly suggest. We have 20 laborers working on a daily wage rate of 593/-. Four persons worked for 26 days in a month, and their gross amount is 15,418/-. We deducted PF on 15,000/-. The rest of the persons worked for, say, 22 days at 593/- per day, and their gross is Rs. 13,046/-. What should be the amount on which PF should be deducted?
From India, New Delhi
Acknowledge(0)Amend(0)
From India, New Delhi
Acknowledge(0)Amend(0)
Dear Gulshan-Mehta,
PF will be deducted on Rs. 13046, i.e., gross drawn.
From India, Mumbai
Acknowledge(0)Amend(0)
PF will be deducted on Rs. 13046, i.e., gross drawn.
From India, Mumbai
Acknowledge(0)Amend(0)
For the Month of August also PMGKY scheme applicable. You can see this at the ECR Home page
From India, Chennai
Acknowledge(0)Amend(0)
From India, Chennai
Acknowledge(0)Amend(0)
Dear Friends,
You will get an answer to the question asked by our friend Anamik in the link provided below:
https://www.citehr.com/621507-epf-no...-how-much.html
From India, Mumbai
Acknowledge(0)Amend(0)
You will get an answer to the question asked by our friend Anamik in the link provided below:
https://www.citehr.com/621507-epf-no...-how-much.html
From India, Mumbai
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
PF Contribution on Leave Encashment - Clarification by EPFO.pdf