PROVIDENT FUN
GAURAV S RASTOGI
(Querist) 24 May 2009
This query is : Resolved
CAN WE KEEP EMPLOYEES IN THE MUSTER ROLL WHO'S BASIC SALARY IS UNDER RS. 6500/- AND TILL HOW MUCH TIME CAN WE KEEP THEM OUT OF PF DEDUCTION.
PLEASE CONTACT ON 9879112686.
B.B.R.Goud.
(Expert) 02 June 2009
though it below or equal to Rs 6500, the pf deduction is about 12% of the basic amount of salary.
but if it is above Rs 6500, the pf deduction is restricted to about 12% of Rs 6500 only.