Dear Sir/Madam, Can anyone please suggest whether we can employ a person with 77 years of age and keep him under payroll? What are the statutory implications like PF, ESI? Thank You
From India, Hyderabad
From India, Hyderabad
You can employ him, check whether he remained a member of EPFO , if so continue the membership. But if the wages being paid to him are above the statutory limit there is no need to comply with PF & ESI. In case of continuation in PF Scheme, the entire contribution will go to PF and there is no Pension Scheme contribution to be remitted.
From India, Mumbai
1530From India, Mumbai
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