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.

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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.

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