Dear Listers,
Our company has recently appinted two quality manager whose consolidated pay is Rs.12,500.00. Our HR dept guidelines says that since at the time of Appontment his salary is fixed more than Rs.6500.00 they dont fall in EPF contibution limit. so company no need to pay PF Share for him.
Those two managers are also not particular on PF deduction. But i wanted to know if we can treat them as exceptions or should we bring them under PF list and pay employer share of 12% on Rs.6500.00
Please advice.
Regards
Moahmed.
Our company has recently appinted two quality manager whose consolidated pay is Rs.12,500.00. Our HR dept guidelines says that since at the time of Appontment his salary is fixed more than Rs.6500.00 they dont fall in EPF contibution limit. so company no need to pay PF Share for him.
Those two managers are also not particular on PF deduction. But i wanted to know if we can treat them as exceptions or should we bring them under PF list and pay employer share of 12% on Rs.6500.00
Please advice.
Regards
Moahmed.