Provident Fund Amendment

sampath kumar tirumala
i understand that there was a recent amendment effective 01.10.08 disallowing commutation facility from pension amount at the time of settlement. Any idea what's this in detail?
Amith R Murthy
Dear Sampath,
You may get information about this in www.epfindia.com
Regards
Amith R.
mehra16
Hi,
We have been contracted to provide foriegn nationals to work in India with a MNC. I believe that the prospective employee will be subject to EPF.
May I request info on the following
1. The employee is a consultant comming on a specific project for a year and will be on a consultant contract. Does EPF apply?
2. If it does then what is the salary cut off, if any. Will it subject to Rs6500/- or will it be on the actual salary ( in this case about 10 lacs pm)?
Please reply.
Thanks
Vishal
vinayb7
Dear sir,
Is there any provision to deposite 24% of PF from Employee side only.
please reply.
Snehal
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