Hi,
Rama as you have mentioned that the employee's basic salary is more than Rs.6500/- and join new company deducts P.F. for all employees in that case certainly the new company will deduct the P.F.,
there is form No.-11, that is altogether filled with form No.2 ( Nomination & Declaration form). In Form No - 11 we get the information whether the new employee was member of P.F. in last company , if he was member of P.F. in last company than it is the obligation of the new company to deduct the P.F. up to Rs. 6500/- ( Basic + DA+ Retaining Allowance, if any)
Rajiv Singh