I am working in Income Tax Department as contractual staff and my basic salary 22500/- and what is the possible amount of deduction of my EPF contribution from my basic salary
From India, Delhi
From India, Delhi
PF towards employee contribution is deducted on gross wages statutorily at the rate of 12 % of gross wages, comprising Basic Pay, Dearness Allowance and retaining allowance, if any, for an amount of Rs. 15,000 (that means Rs. 1800 P.M.) Employee is permitted to increase the contribution voluntarily.
From India, Mumbai
1534From India, Mumbai
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EPF ON LINE REGN. USER MANUAL.pdf