Hi,
I have been told that there are some amendments in the rules regarding the eligibility for PF. As far as I know, PF is given from the very first day an employee joins the company. However, there are companies that only provide PF after the employee is confirmed after probation. Is this legal?
I have also come across someone saying that an amendment has been made in the Act, and for a certain initial period, employees may not be given PF.
Hoping to receive valuable inputs.
Regards,
Deepti
From India, Mumbai
I have been told that there are some amendments in the rules regarding the eligibility for PF. As far as I know, PF is given from the very first day an employee joins the company. However, there are companies that only provide PF after the employee is confirmed after probation. Is this legal?
I have also come across someone saying that an amendment has been made in the Act, and for a certain initial period, employees may not be given PF.
Hoping to receive valuable inputs.
Regards,
Deepti
From India, Mumbai
Hi Dipti,
It's not legal under the EPF Act for probationers, part-timers, casual, temporary, contractual, or fixed-term-based employees to be covered under EPF if their Basic + DA is less than 6500. Only trainees/apprentices are not covered as defined in the Apprentice Act because trainees/apprentices are not employees.
I hope you will be satisfied with my quote, otherwise, you can wait for another reply.
Cheers,
Sudhir
From India, Delhi
It's not legal under the EPF Act for probationers, part-timers, casual, temporary, contractual, or fixed-term-based employees to be covered under EPF if their Basic + DA is less than 6500. Only trainees/apprentices are not covered as defined in the Apprentice Act because trainees/apprentices are not employees.
I hope you will be satisfied with my quote, otherwise, you can wait for another reply.
Cheers,
Sudhir
From India, Delhi
Hi Deepti,
Sudhir is quite alright. There are some amendments in the PF withdrawal/loan rules. Presently, I do not have the details of the changes, but as soon as I get them, I will post them for information. Otherwise, PF is applicable from the very first day of joining.
Regards,
Ali
From India, Hyderabad
Sudhir is quite alright. There are some amendments in the PF withdrawal/loan rules. Presently, I do not have the details of the changes, but as soon as I get them, I will post them for information. Otherwise, PF is applicable from the very first day of joining.
Regards,
Ali
From India, Hyderabad
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.