E.P.F Deduction
hussain
(Querist) 12 January 2011
This query is : Resolved
Sir,
I want to know that in the case of company E.P.F deduction upto which amount should be deducted.Example
Company Director is drawing salary Rs :- 100000/= and Basic salary is more than 6500/= in this type of pay E.P.F deduction is applicable or not please help me.
Thanking You
Ajay Bansal
(Expert) 12 January 2011
ONLY A MINIMUM 10% OF BASIC PAY IS DEDUCTABLE AS A MANDATORY PROVISION.