hi all,
i have joined a company recently and the salary they are providing me doesnot include provident fund .. the thing conveyed to me is that there is a provision for this as my basic salary is 9000.
Is the company allowed to do so
thanks & regards
abhi
From India
i have joined a company recently and the salary they are providing me doesnot include provident fund .. the thing conveyed to me is that there is a provision for this as my basic salary is 9000.
Is the company allowed to do so
thanks & regards
abhi
From India
yes its true actually if your baisc is more than 6500rs then its up to the company to give pf to you or not
From India, Hyderabad
From India, Hyderabad
thnk guys, so wat do u say.. its gud to have basic salary less than 6500 or its gud to have more basic salary
From India
From India
I believe the legislation has changed. Employers have to contribute PF if employees are earning Rs10,000 or less per month.
Dear Friend,
Pls check out with your local PF authority for the correct detail. As I have an information that the BASIC SALARY , if more than Rs. 7,500/- only then the employer gives an option for the employee to OPT OUT of the PF
Pls check the same
From India, Mumbai
Pls check out with your local PF authority for the correct detail. As I have an information that the BASIC SALARY , if more than Rs. 7,500/- only then the employer gives an option for the employee to OPT OUT of the PF
Pls check the same
From India, Mumbai
Only in case its your First Employment, opting out of PF exists for 8500+ salary....else its must whatever be the salary to deduct PF. its your right and future saving...DEMAND IT!
From India
From India
the limit is 6500.00 (Basic + DA).
It becomes voluntary for an employee to make deduction above that. But it is an compulsion to deduct from the employer till 6500.00. Above this it becomes volutary for an employer to make deduction above 6500.00. But the statutory limit is 6500.00
Abhijeet
From India, Ahmadabad
8It becomes voluntary for an employee to make deduction above that. But it is an compulsion to deduct from the employer till 6500.00. Above this it becomes volutary for an employer to make deduction above 6500.00. But the statutory limit is 6500.00
Abhijeet
From India, Ahmadabad
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Provident fund.zip
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