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
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From India, Delhi
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PF towards employee contribution is deducted from 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 (which means Rs. 1800 per month). Employees are permitted to increase the contribution voluntarily.
From India, Mumbai
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1593From India, Mumbai
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An employee of the Income Tax Department, being a government servant, is not covered by the Employees' Provident Fund and Miscellaneous Provisions Act, 1952. However, they will be covered by the Central Government Statutory Provident Fund.
Please let me know if you need any further assistance.
From India, Kannur
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Please let me know if you need any further assistance.
From India, Kannur
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