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Kalyan S
I need to know about new EPF rules. Is it deductible from basic only or from total salary? Any ceiling limit for deduction of PF?
From United Arab Emirates, Abu Dhabi
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Hi Kalyan,
It's to be deducted @ 12% on total salary excluding HRA for those drawing gross salary of Rs.15,000/-p.m. In respect of those drawing salary above Rs.15000 it's only voluntary on either side, no compulsion.

From India, Bangalore
Kalyan S
Thanks Kumar ji for your swift reply
From United Arab Emirates, Abu Dhabi
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