EPF deduction - worker is asking to deduct minimum by making basic as 40% or 50%

Our company deducting epf on 100 salary . Example: Salary of a worker 14000. Making basic also 14000/- deducting epf from worker 1680/- and also company paying same. Now worker is asking to deduct minimum by making basic as 40% or 50%. Now my question is what is rules for this?????
29th February 2020 From India, Delhi

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rkn61

625

Deducting PF on gross salary is much more beneficial to the employee. He will get more return from Provident Fund, as equivalent amount shall be contributed by Company also.
29th February 2020 From India, Aizawl

bijay_majumdar

366

Epf is mandatory coverage for all employees earning basic salary up to 15 k.
2nd March 2020 From India, Vadodara

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EPF deduction - worker is asking to deduct minimum by making basic as 40% or 50%

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