Hi All, We got incorporated recently and now we want all employees to get on company's payroll. our current staff is 30 and all of them are above 25K salary so is it compulsory for us as company to deduct their PF? Many of them were member of PF scheme previously so are eligible to opt not to be a member of PF?
From India
Hello, any person who has been enrolled with PF must be a part of the same lifetime, there seems NO OPTION for opting out. You can deduct minimum contribution of Rs. 1800. Regards, Rajesh Kr.
From India, New Delhi

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply →

About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2021 CiteHRô

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server