If an employee does not have PF deduction in his precious company and joins our company and does not want PF deduction, I think we can avoid PF deduction. However, if he decides on joining the PF scheme, can that employee start contributions later in the year?
Eugene Ross
From India, Ahmedabad
Eugene Ross
From India, Ahmedabad
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Please disclose the salary and other terms This query can not be answered without those details
From India, Mumbai
2355From India, Mumbai
Salary of the employee is 35000 per month from which only Professional tax is being deducted. Basic salary is 18000
From India, Ahmedabad
From India, Ahmedabad
I am assuming this is his starting salary.
You can avoid PF for him if, a) his starting salary with you is above 15,000 b) he does not have an existing PF account.
Please note that if he has a PF from previous employers (not just his last employer) and he has not withdrawn it, then he can not be out of the PF scheme. In that case, you need to include him
If he is voluntarily in the PF scheme, then employer's contribution is needed from the month he opts for it. You can not do it later.
From India, Mumbai
You can avoid PF for him if, a) his starting salary with you is above 15,000 b) he does not have an existing PF account.
Please note that if he has a PF from previous employers (not just his last employer) and he has not withdrawn it, then he can not be out of the PF scheme. In that case, you need to include him
If he is voluntarily in the PF scheme, then employer's contribution is needed from the month he opts for it. You can not do it later.
From India, Mumbai
PF 10 Feb 2016 Incentive Refund Scheme of Admn charges of 10 or 5 percent in year 2016.pdf