Dear Seniors
Could you please let me know the impact of not implementing PF enhancement (6500 to 15000) w.e.f 01 Sep 2014..say if we implement this after 2 months(i.e w.e.f 01 Nov 2014) what are the impact for employee / employer..i hope one of the major impact is we need to pay the difference at the time of PF auditing and increased PF contribution saving going to be affected for employees..apart from this is there any other major impact for employee/employer in your views..please advise and share your opinion.
Regards
Madhan
Could you please let me know the impact of not implementing PF enhancement (6500 to 15000) w.e.f 01 Sep 2014..say if we implement this after 2 months(i.e w.e.f 01 Nov 2014) what are the impact for employee / employer..i hope one of the major impact is we need to pay the difference at the time of PF auditing and increased PF contribution saving going to be affected for employees..apart from this is there any other major impact for employee/employer in your views..please advise and share your opinion.
Regards
Madhan