Can I opt from PF Contribution if my basic wages is Rs 15000/-. If any employee is working in X company and his basic wages is more than Rs 15000/- and he has opted from pf contribution but later he joined in Y company but his basic wages is Rs 14000/- than in this case can his PF will be deducted or not.
From India, Varanasi
1From India, Varanasi
The legal principle is that once an employee is a member of EPFO, he or she continues to be so irrespective of the salary being drawn. In the second company, the employee draws wages less than Rs. 15,000/- pm so even otherwise he is required to subscribe to PF.
From India, Mumbai
From India, Mumbai
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