misc:PF contribution of employer and employee

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  1. dilipkumar

    dilipkumar New Member

    As per the new rules the minimum limit for contribution to EPF account has been increased to Rs.15000/-. In case an employee gets a salary less than Rs.15000/-, on what amount the contribution be made? On actual salary or on minimum amount of Rs.15000/-? Some one clarify on this pl.
     
  2. EPF @ 12% will be on the actual salary. If the salary is Rs.10000/-, then EPF will be (Rs.10000 X 12%)
     
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Contribution to EPF Misc. Aug 20, 2014