How is an organisation impacted if the organisation (operates in multiple states) is doing the following:
1. Is applying a flat 12% towards PF contribution as employee's share and....
2. Is also compliant to state prescribed min wage limits
Please guide dear senoirs.
Best wishes
From India, Kolkata
11. Is applying a flat 12% towards PF contribution as employee's share and....
2. Is also compliant to state prescribed min wage limits
Please guide dear senoirs.
Best wishes
From India, Kolkata
Chaturvedi Sir,
Thank you for your valuable information.
I have a doubt. Our company deducting a flat Rs. 780/- from all employees those who are earning more than Rs. 10,000/-. Is this ceiling need to me increased? If so what will be the ceiling? Accordingly is the employer also have to increase their ceiling? Kindly clarify?
Thanks,
Ramachandran
From India, Chennai
Thank you for your valuable information.
I have a doubt. Our company deducting a flat Rs. 780/- from all employees those who are earning more than Rs. 10,000/-. Is this ceiling need to me increased? If so what will be the ceiling? Accordingly is the employer also have to increase their ceiling? Kindly clarify?
Thanks,
Ramachandran
From India, Chennai
Sir, I am getting a salary of Rs.20000/- while my basic salary is Rs. 9000/-. What would be my EPF and EPS calcualtions after 1.9.2014
From India, Calicut
From India, Calicut
Ramachandran Jee, The ceiling will be increased from 6500 (Basic+DA) to 15000 per month w.e.f 1st September 14.
From India, Jabalpur
From India, Jabalpur
Dear Mukund, If your basic+da is 9K than deduction would be 1080/month w.e.f 1st September as EPF and 750/month as EPS.
From India, Jabalpur
From India, Jabalpur
Dear Indranil, Its applicable to whole in India Except J&K. Employer’s liability is only upto 15000/-.
From India, Jabalpur
From India, Jabalpur
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Splitting of minimum wages for PF in abeyance (1).pdf