Is it the discretionary power of employer to deduct pf or not on salary more than 15000/- p. m.?
From India, Puducherry
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From India, Puducherry
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The discretion is applicable only in respect of new joiners drawing a salary exceeding Rs. 15,000/-, but for an existing member joining a new organization, they have to continue the PF coverage under the Act; however, the contribution is limited to the wage cap under the Act.
From India, Mumbai
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1593From India, Mumbai
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Employer-PF-res trict to wages of Rs 6500.pdf