i understand that there was a recent amendment effective 01.10.08 disallowing commutation facility from pension amount at the time of settlement. Any idea what’s this in detail?
From India, New Delhi
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From India, New Delhi
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Dear Sampath,
You may find information about this at www.epfindia.com.
Regards,
Amith R.
From India, Bangalore
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17You may find information about this at www.epfindia.com.
Regards,
Amith R.
From India, Bangalore
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Hi,
We have been contracted to provide foreign nationals to work in India with an MNC. I believe that the prospective employee will be subject to EPF. May I request information on the following:
1. The employee is a consultant coming on a specific project for a year and will be on a consultant contract. Does EPF apply?
2. If it does, then what is the salary cut off, if any? Will it be subject to Rs6500/- or will it be based on the actual salary (in this case about 10 lacs pm)?
Please reply.
Thanks, Vishal
From India, Mumbai
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We have been contracted to provide foreign nationals to work in India with an MNC. I believe that the prospective employee will be subject to EPF. May I request information on the following:
1. The employee is a consultant coming on a specific project for a year and will be on a consultant contract. Does EPF apply?
2. If it does, then what is the salary cut off, if any? Will it be subject to Rs6500/- or will it be based on the actual salary (in this case about 10 lacs pm)?
Please reply.
Thanks, Vishal
From India, Mumbai
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Provident Fund on _ International Workers.doc
EMPLOYEES' PROVIDENT FUND & MISC PROVISIONS ACT '1952.ppt
EMPLOYEES' PROVIDENT FUND & MISC PROVISIONS ACT '1952 [Compatibility Mode].pdf