I Need Your Help To Solve A Problem. - XLS Download

Amit Insha
Dear CiteHR Menmber,
I need your help to solve a problem.
Please tell me if a employee joined with 5000/- salary per month ( PF + ESI Benefits started from his date of joining). & after one year he is getting 2000/- increment. now his salary is 7000/-P.M .
you please tell me if employer decided to break his P.F . because he is cross the limit of 6500/-(that is highly PF contribution Limit ) .
that is legally possible according to Provident Fund Act.
What action taken by employee ?
Thanks
Amit
sarita_thakur12345
once a pf paid employer has to complete six months you can not stop it immedatly secondly
7000 is basic than you have to submit pf by calculating on 7000 12% of 7000
after six months you can withdraw his name by showing proof
mbahr.nahar@gmail.com
hi amit,
Pls find the enclosed file u will understand the calculations
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