The PF from the employee was deducted as his salary was within the threshold limit of Rs. 15,000/- gross per month. Now, the salary has been increased, and as per the threshold limit, the employee is opting out from the deduction as his salary is more than the prescribed limit for PF. Is it possible to discontinue the deduction.
From India, Bengaluru
From India, Bengaluru
He has become exempted employee under the act. However if employee and employer willing to contribute, then he can continue to be the member.
From India, Madras
From India, Madras
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.