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S MITRO
Dear Seniors,
I am working in a company in Kolkata as HR. One of our employees whose monthly gross salary was Rs.10000 has retired from services in Apr,15. His age is 62 years. Now after settling his full and final and after a gap of 2 months, our company wants to take the employee as a fixed term contract employee for one year. So we will be making a one year contract with him w.e.f. July,15. The employee has also settled his PF account.
Now my question is, we are providing the employee the same salary and should we deduct PF again? We will be deducting ESIC & PTAX.
Kindly Suggest.........
Regards,
S Mitro

From India, Kolkata
kumaracme
421

after retirement, EPF Act will not apply and hence do not deduct EPF, for PT you can check with your local taluk office
From India, New Delhi
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