The eligibility under Provident Fund Act still stands at Rs.15000/- In Delhi the Minimum Wage is above that limit

sunil-bakshi

The eligibility under the Provident Fund Act still stands at Rs.15000/- In Delhi, the Minimum Wage is above that limit, thus making the Act virtually redundant. As such, a large number of people are losing out on this very important social security measure
9th June 2023 From India, Lucknow

Add Reply → Start New →

KK!HR

1534

This view is incorrect, as an employee once covered will always remain covered and contribution upto the statutory limit has to be made in all cases.
Since there is already a talk of enhancing the PF limit, hope it will soon catch up.
9th June 2023 From India, Mumbai

Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.

Other Discussions That May Be Relevant

Maximum limit of voluntary provident fund of employee share

Deduction of provident fund (pf) of management trainees & factory apprentice.

Related Files & Downloads Shared By Members

 Provident fund.zip

 PROVIDENT FUND.rar

 PROVIDENT FUND.doc

Interest Tags

Trending Tags

Trending

The eligibility under Provident Fund Act still stands at Rs.15000/- In Delhi the Minimum Wage is above that limit

Login Or Register