Pf deduction
Raziya Jakate
(Querist) 31 March 2014
This query is : Resolved
Greeting Seniors!
Can basic salary be considered 6500 for all only for PF deduction (Employee contribution), even if their actual Basic is more than Rs.6500.
Sudhir Kumar, Advocate
(Expert) 31 March 2014
facts are not clear in this thread as well in other thread
http://www.lawyersclubindia.com/experts/PF-Deduction-462926.asp#.UzmLuKI1hn4
Surrender K Singal
(Expert) 01 April 2014
Yes, if Employer wants to contribute his share to thawt extent only, till the rwevision of qualifying limit of 6500 gets enhanced as politically announced in Feb., 2014