Dear All,
I am working in a private company as an accountant. Recently, a retired person joined as an executive officer in our company. During the preparation of the salary statement, he insists on not deducting Provident Fund from my salary because I am a retired employee of the Government of India.
He said PF is not applicable for government retired people who have re-joined private companies after completing government service.
He is correct; kindly help me in this regard.
Thanks,
Verma:-?
From India, Hyderabad
Acknowledge(0)
Amend(0)
I am working in a private company as an accountant. Recently, a retired person joined as an executive officer in our company. During the preparation of the salary statement, he insists on not deducting Provident Fund from my salary because I am a retired employee of the Government of India.
He said PF is not applicable for government retired people who have re-joined private companies after completing government service.
He is correct; kindly help me in this regard.
Thanks,
Verma:-?
From India, Hyderabad
Acknowledge(0)Amend(0)
Dear if he has not completed 58 years of services than he is absolutely worng. If his basic is less than 6500 than he has to be covered under epfact. Regards j s malik
From India, Delhi
Acknowledge(0)Amend(0)
174From India, Delhi
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.
PF-Know Employees Provident Fund-CHART-L-4. doc
Employees' PF Appellate Tribunal Procedure Rules 1997.pdf
EMPLOYEES' PROVIDENT FUND & MISC PROVISIONS ACT '1952.ppt