If an employee is over 60 years old, can I still deduct PF from their salary? Is there any relaxation granted in PF contributions for employees over 60 years old?
There is no age limit for the deduction of PF. However, you can stop contributing to the Pension Fund, and the entire 12 percent of the employer's share shall be deposited into the employee's Provident Fund without bifurcating it into PF and PS.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute