Dear All,
Need help in terms of how to introduce PF to existing employees. Though my company doesn't fall under compulsory PF Deduction norms still we wanted to inform employees that they can opt for PF voluntarily. Can 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
Need help in terms of how to introduce PF to existing employees. Though my company doesn't fall under compulsory PF Deduction norms still we wanted to inform employees that they can opt for PF voluntarily. Can 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
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
610From India, New Delhi
Is it mandatory for any organization with more than 20 employees to have PF deduction? Also, what percentage of CTC should be the basic salary?
From India, Delhi
From India, Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls