Hi,
I have been told that there are some ammendments in the rule regarding the elegibility for PF.
As far as i know PF is given from very first day an employee joins the company. But there are companies which are giving PF only after employee is confirmed after probetion.
Is it legal?
I have also come across someone saying that an amendment has been done in the Act and for a certain initial period employee may not be given PF...
Hoping to receive valuable inputs.
Regards
Deepti
From India, Mumbai
I have been told that there are some ammendments in the rule regarding the elegibility for PF.
As far as i know PF is given from very first day an employee joins the company. But there are companies which are giving PF only after employee is confirmed after probetion.
Is it legal?
I have also come across someone saying that an amendment has been done in the Act and for a certain initial period employee may not be given PF...
Hoping to receive valuable inputs.
Regards
Deepti
From India, Mumbai
Hi, Dipti,
Its not a legal, under the EPF Act Probationer, Part timer, casual, temproary, contractual , fixed term based employee have to cover under EPF if there Baisc+DA is less than 6500, only trainees/Apprentice are not covered those defind in Apprentice act becs trainees/appreentice are not employee.
I hope u will satisfy with my quote other u wait for another reply
Cheers
Sudhir
From India, Delhi
1Its not a legal, under the EPF Act Probationer, Part timer, casual, temproary, contractual , fixed term based employee have to cover under EPF if there Baisc+DA is less than 6500, only trainees/Apprentice are not covered those defind in Apprentice act becs trainees/appreentice are not employee.
I hope u will satisfy with my quote other u wait for another reply
Cheers
Sudhir
From India, Delhi
Hi deepti
Sudhir is quite all right. There is some amendments in the PF withdrawal/ loan rules. Presently I am not having the details of changes but as soon as I get it I will post it for information. Otherwise PF is applicable from very first day of joining.
Regards,
Ali
From India, Hyderabad
Sudhir is quite all right. There is some amendments in the PF withdrawal/ loan rules. Presently I am not having the details of changes but as soon as I get it I will post it for information. Otherwise PF is applicable from very first day of joining.
Regards,
Ali
From India, Hyderabad
Hi Deepti,
it is not legal.
The deduction of PF is compulsory from the very first day of joining of the employee except the Trainee/ Appren.
The ceiling for the PF is Rs.6500.00 (Basic + DA)
REgards
Abhishek
From India, Delhi
it is not legal.
The deduction of PF is compulsory from the very first day of joining of the employee except the Trainee/ Appren.
The ceiling for the PF is Rs.6500.00 (Basic + DA)
REgards
Abhishek
From India, Delhi
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Employees PF (5th Amendment) Scheme 2015.pdf