Startup - PF and ESI exemption reasons?

Nandinihb

Dear Lakshman, You mean to say, If employee (basic+DA) is less than 15000/- per month no need to deduct PF and they are exempt form PF right? Regards, Nandini
12th October 2017 From India, Mumbai

SGMC

Dear Nandini
NO. If the employee (Basic+DA) is less than Rs.15,000/- per month you are liable to deduct PF and they are not exempt from PF.
If the employee (Basic + DA) is more than Rs.15,000/- and if he does not have any PF balance at the time of joining your Company he is exempt from PF.
Regards
P.S. Lakshmanan
S.G Management Services
Kolkata
(M) 9831877248
13th October 2017 From India, Kolkata

Nandinihb

Dear Lakshman, If employee having Basic+DA less than 6500/- no need of deduct PF or what? Regards, Nandini
18th October 2017 From India, Mumbai

Nandinihb

Dear Lakshman, If his basic+DA is more than 15000 at the time joining means he will only not eligible for pension right? but he is eligible for PF. Regards, Nandini
18th October 2017 From India, Mumbai

Anonymous

Hi, is it mandatory to deduct pf for all employees? Can we do it this way that deduct pf for some and not for others (voluntarily)?
5th October 2018 From India, Noida

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