Sir,
1) An employee whose salary is above Rs.30,000/- P.M. do we have to deduct PF.
2) Employee drawing more than Rs.30,000/- not interested to become a member in PF
for that any declaration form
pls guide
12th April 2018 From India, Amangal
As on date mandatory provision of PF deduction is on Rs.15000/- Beyond that it is a voluntary matter. If you keep a new employee at the rate of Rs.30,000/- PM, you need not to pay PF contribution for him, reason is that that it is a social security arrangement and not meant for higher salaried people.
A.K. Hati
9771438224
12th April 2018 From India, Kolkata
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™