No! It is not mandatory. If at all you are willing to consider EPF then both 125of EE + 12 ER to be contributed to EPF only & there is no EPS
From India, Bangalore
From India, Bangalore
Right now, the max. wages for PF contribution/membership eligibility is Rs.15,000/-. But it is to be raised to Rs.21000/- in line with ESIC. Pls stay updated. Thks
From India, Thane
From India, Thane
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#Subject List: pf contribution compensation and benefit statutory complaince pf deduction City-India-Mumbai Country-India