PF exemption - fixed term contract with consolidated salary of 20 k? - CiteHR
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Please help me out on my query. If an employee was having pf in his previous organisation and in his new establishment he is on a fixed term contract say for 1 Yr.
He is getting a consolidated salary of 20 k. No breakup of his salary. Only a lump sum amount. The new organisation don't want to deduct his PF. Is it legally correct?

yes. as his conso. salary is above 15K . now the clause is about basic being above 15 k. However, my organisation deposit PF on consolidated salary also considering it as basic.
BUt, please get PF exemption form signed from that employee as well.
But Mr. Aniket, As he was having a PF in his previous organisation does it going to attract any labour issue? As he has not asked from his end to get himself exempted. Rather we want to.
When you gave him an offer didnt you told him that PF will not be the part of his salary and he will be exempted. you have to get that form signed.
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™