Dear all, I am new to this forum. And I just wanted to know that Gross. wages or EPF wages change every month based on NCP or it is fixed all months? Employee's absence does not affect any epf or eps wages.
From India, Jaipur
From India, Jaipur
If the EPF is deducted on the ceiling amount,( =Rs.15,000 now) the employee's absence does not affect the PF deduction so long the gross salary (Basic + DA) is more than the ceiling amount. But where it is deducted on an actual salary basis it would vary depending on the gross salary drawn.
From India, Mumbai
1534From India, Mumbai
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EPF-Circular-da ted-23-May-2011 -Splitting-of-M inimum-Wages-fo r-the-Purpose-o f-PF-Contributi on-Not.pdf
EPF - Pension contribution is zero WHY.jpg