Ravindra88189
Consultant
Glidor
Hr Consultant

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
DEAR ALL,
IF THERE ARE TWO DIRECTORS FOR COMPANY. ONE IS INDIAN OTHER ONE IS FOREIGNER (CAN WE CALL HIM AS IW ie. INTERNATIONAL WORKER FOR EPF MATTER?), THEN MY QUESTION IS, WHETHER WE HAVE TO COMPULSORY DEDUCT EPF CONTRIBUTION FOR FOREIGNER DIRECTOR (AS INDIAN DIRECTORS ARE NOT REQUIRED TO CONSIDER FOR EPF CONTRIBUTION)?
IF YES, THEN WHAT SHOULD BE THE PF CONTRIBUTION WAGE CEILING LIMIT? AND WHAT ABOUT FOREIGNERS PAN AND ADDRESS?
IS THERE ANY OTHER THING RELATED TO THIS TOPIC?
THANKS IN ADVANCE.

From India, Kolhapur
directors may be employee or not subject to the sole discretion of board, working directors are paid salary with employee welfare deductions while other's "remunerations" are excluded ( as most of them are above 21000 per month)

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™