Hi,
In my company, PF contributions are paid to employees whose basic salary is less than Rs. 6500/- which is the statutory rule. After the latest appraisal the basic salary of some employees who fall under PF has increased beyond Rs.6500/-. Can I discontinue their PF and what is is the process for this while submitting the PF returns?
In my company, PF contributions are paid to employees whose basic salary is less than Rs. 6500/- which is the statutory rule. After the latest appraisal the basic salary of some employees who fall under PF has increased beyond Rs.6500/-. Can I discontinue their PF and what is is the process for this while submitting the PF returns?