Dear Seniors,
Seasons Greetings. Can anyone tell me the existing max pf limit (i.e. 6500/-) when it changed from 6000/- to 6500/- ? Our organisation is deducting pf @ 12% above Rs.6500/- basic salary and now org. want to reverse it ? Is it possible for us ?
Please immediate reply.
Regards.
RAJESH MENON
From India, Bhopal
8Seasons Greetings. Can anyone tell me the existing max pf limit (i.e. 6500/-) when it changed from 6000/- to 6500/- ? Our organisation is deducting pf @ 12% above Rs.6500/- basic salary and now org. want to reverse it ? Is it possible for us ?
Please immediate reply.
Regards.
RAJESH MENON
From India, Bhopal
Dear Rajesh in my view, the discontinuation from the service and a fresh appointment can only give you the desired result. Regards Dhanesh
From India, Gurgaon
From India, Gurgaon
Dear Rajesh,
Revision in wage ceiling had done in 01.06.2001 from 5000 to 6500.
see, if employer is deducting pf @12% and keeping the limit as Rs6500/- , then it's ok.
But if they are looking to reverse it to older ceiling, it is not possible.It is totally against the law. your organisation can't do this to u. if they tend to do it , they have to face huge PF liability/or company might be black listed.
Regards
Vipin
From India, New Delhi
Revision in wage ceiling had done in 01.06.2001 from 5000 to 6500.
see, if employer is deducting pf @12% and keeping the limit as Rs6500/- , then it's ok.
But if they are looking to reverse it to older ceiling, it is not possible.It is totally against the law. your organisation can't do this to u. if they tend to do it , they have to face huge PF liability/or company might be black listed.
Regards
Vipin
From India, New Delhi
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PF salab limit.pdf