Hi All, I want to know, Is there any provision in PF contribution that we can exempt a new employee. whose salary is 11000(Basic+DA). He is not intersted in PF contibution. Regards Prasad
From India, Bangalore
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From India, Bangalore
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An employee whose salary (basic + DA) at the time of joining is exempted from EPF. However, if he had earlier been a member and had not withdrawn the PF accumulations, then he has to continue with the schemes.
Regards,
Madhu.T.K
From India, Kannur
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4526Regards,
Madhu.T.K
From India, Kannur
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Dear Mr. Madhu T.K.,
Thank you. He has withdrawn the previous PF amount with his past employer. Now that he has joined us, he wishes to remain on the payroll for tax exemption but is not interested in making PF contributions. Is this possible?
Regards,
Prasad
From India, Bangalore
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Thank you. He has withdrawn the previous PF amount with his past employer. Now that he has joined us, he wishes to remain on the payroll for tax exemption but is not interested in making PF contributions. Is this possible?
Regards,
Prasad
From India, Bangalore
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dear prasad his basic +da is more than 6500 and he comes in the definition of exempted employee.if he has withdrawn earlier PF need not make him member again. regards js malik
From India, Delhi
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From India, Delhi
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Could you please inform me under which section of the PF Act it is stated that the PF ceiling amount is ₹6,500? Additionally, does it depend on the company's discretion whether to deduct an employee's PF contribution if their salary exceeds ₹6,500?
Thank you.
From India, New Delhi
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Thank you.
From India, New Delhi
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Tax Exemption (SUPERB).doc
P. TAX EXEMPTION NOTIFICATION - CHHATTISGARH.pd f