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Can we exempt employee for provident fund?
Hallo to all friends can we exempt our employees from provident fund even the organization is covered under provident fund act. in few cases some employees doesn t want pf is it legally acceptable? if yes please tell me which form is necessary to fill for the same. regards rahul
Provident fund
What is meant by provident fund? how to calculate the provident fund in a company? who are all eligible for provident fund? what are the forms used for providend fund?
Provident fund
Hi i have some question related to provident fund. q1 we are planning to enroll our company with epfo during next month. so can we deduct the provident fund from this month onwards for all employees. q2is it possible to deduct the provident fund contribution in two ways for employees. a 12 of rs6500 i.e rs780 for the employees whose basic pay is above rs 6500. and b if someone s basic salary is less than 6500 then 12 on the lower basic pay can it be calculated on that. pls let me know. thanks naveen.
P.f. transfer
Hi one of our employee was transfered from mumbai branch to our coal mines located at madhya pradesh br. where the coal mines provident fund applicable. please tell me how to transfer his provident fund balalnce from employees' provident fund scheme to coal mines provident fund. regards vaibhav
Deduction of provident fund mandatory for contract staff for 2-3 yrs?
Dear sir i want to seek some information regarding the deduction of provident fund. whether it is mandatory for the employees hired on the contract basis for the period of 2 yrs or 3 yrs for the post of teachers or instructor under govt scheme of some state to deduct provident fund or employer have to contribute towards provident fund on salary? thanking you yours faithfully suresh kumar. p
Provident fund
Dear friends i want to gain knowledge on provident fund. i would request you to please help me with the following questions. 1.what is employee\'s share and what is employer\'s share. 2.pf is calculated on which component of salary. 3.what is a provident fund challan and when do we have to submit these challans. 4.is provident fund taxable. which forms do we need to fill for provident fund. a new joinee form b if the employee had pf account in his previous firm cpf withdrawl form. any additional information.