If any body wants to contribute PF on more than what is prescribed under PF Act, then he can do that, their is no compulsion.
The main thing is that the mandatory requirement under the specific Act should be met, if you are providing more than the ACT than there is no boundation, but once if you start doing that then you can't reverse back in the future.
From India, Delhi
77The main thing is that the mandatory requirement under the specific Act should be met, if you are providing more than the ACT than there is no boundation, but once if you start doing that then you can't reverse back in the future.
From India, Delhi
Hi Everybody If you rae getting Rs10000-/-, Rs.1200 + 367 will go to PF, and Rs. 833 will go to VPF Regards Lijo
From India
From India
Hi,
The employer's liability is 12% of Basic + DA upto Rs. 6500/- beyond that its upto the employer to decide and it is not mandatory that employee is contributing 12% of 10k so employer too should contribute.
rgds,
shaji
From India
The employer's liability is 12% of Basic + DA upto Rs. 6500/- beyond that its upto the employer to decide and it is not mandatory that employee is contributing 12% of 10k so employer too should contribute.
rgds,
shaji
From India
As per my knowledge basic salary should not be less then the minimum wages of that state. jsn
From United States, Chicago
From United States, Chicago
Thanks Surbhi..............
For more information on All various Industrial Labour Acts, they can visit the following link.
All Act Statutory Compliances
From India, Delhi
For more information on All various Industrial Labour Acts, they can visit the following link.
All Act Statutory Compliances
From India, Delhi
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PF salab limit.pdf
PF Judgement - Bom HC - Temp employee.doc