If PF is deducted from an employee's salary but the PF account is not opened and they leave within a short period of 1-5 months, should we refund the deducted amount to employees or do we have to open an account to make the payment?
From India, Pune
PF payment attracts penalty for late payment. Refunding is easy from accounts perspective. You choose one
From India, Chennai
Acknowledge(0)
Amend(0)
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.
Calculation of employer's contn towards epf-short attendance The ceiling of 6500/ is there. the basic wages are more than 6500/ . the employer s contribution is restricted to 6500/ if wages are for the full month. what... 4 Replies0 Files4 Participants
56
EPF Scheme Guidelines For Implementation Of PMGKY Credit Of Employers And Employee Contribution .pdf
Appointment Letter to an Employee for fixed period.doc