Dear All,
I need help in terms of how to introduce PF to existing employees. Although my company doesn't fall under compulsory PF Deduction norms, we still want to inform employees that they can opt for PF voluntarily. Could someone help me with a draft that can be sent to all employees, mentioning the benefits, etc.?
Also, is there any cap for employee contribution?
Thanks in advance.
From India, Delhi
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I need help in terms of how to introduce PF to existing employees. Although my company doesn't fall under compulsory PF Deduction norms, we still want to inform employees that they can opt for PF voluntarily. Could someone help me with a draft that can be sent to all employees, mentioning the benefits, etc.?
Also, is there any cap for employee contribution?
Thanks in advance.
From India, Delhi
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EPF & EPS Wage Ceiling is Presently @Rs15,000/-PM. EPF Wages-Basic+DA+VDA. Employee Share@12% Employer Share@13.15%. You should obtain PF Code Number. EPF is a Beneficial Legislation
From India, New Delhi
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631From India, New Delhi
Acknowledge(0)Amend(0)Join Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Employee Benefits.doc
Employee Benefits.zip