Get HR Software

No Tags Found!


EPF wage - As per the EPF act can we change the contribution of current employees?


Dear Experts, Presently we are paying EPF contribution on ceiling limit (Rs15000) but our employees are demanding to deduct on full Basic + DA.
As per the EPF act can we change the contribution of current employees?
From India , Bangalore
Hi,

PF on ceiling limit is mandatory. However PF on actual Basic+DA is optional. Employer and Employee on mutual consent may go for PF deduction on Basic+DA. This can be implemented from the beginning of any month. You club it along with Appraisal month.
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.


India , Bangalore
21 July 2023 12.04.26 PM
Views: 272 Replies: 1 Appreciations: 0



Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.