Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Dear members, We are a consultancy firm with more than 70 members, is that necessary that all the employees should have the PF deduction or only for the employees who have the their basic lesser than Rs.6500/- should have a PF deduction.
Please help me in clearing the doubt.

From India, Bhopal
hello..i m a labour law consultant and practitioner and it is not compulsory to give the PF benefit to employees who have their basic salary above 6500/-pm. However it is the discretion of the management as to give them the benefit or not.But it is must for employees below 6500/-
From India, Mumbai
Dear Nisha
The entity has to deduct provident fund contribution of the employees who are getting less than Rs. 6,500/- per month as wages/salary. It is correct that the provisiosn of Provident Fund Act are not applicable on the employees who are getting more than Rs. 6,500/- per month as wages. If an entity wants to apply provident fund provisions for the employees who are getting more than Rs. 6,500/- per month as salary/ wages, the entity can do so, but no pick and chose policy will be applicable. The provisions of the Act are to be applied in uniformity.

From India, Gurgaon
i would like to clear here that under EPF Act the management is not entitled to give benefit to each and everyone. The management has the power to discriminate amongst employees as to whom they want to give benefit to.
Labour laws Consutant & Practioners.

From India, Mumbai
I am Provident fund amount transfer four code (from 1992). In our passbook mentioned only EPF amount and FPF amount only online update period. The perivous year servies Pension scheme certificate not yet get. If Pension certificate automatically added perivous employment service (22 years) to last employment or last employment (6 years) only. plz. clarify this doubt?
From India, Kolkata
Please Login To Add Reply

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™