If an employee, after getting an increment cross the limit of PF deduction i.e. Rs. 1500/- to Rs. 18000/-; can we stop his PF deduction?
From India, Patna
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From India, Patna
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He will not be an exempted employee. He will continue to contribute to the Provident Fund. The employee and the employer both have the option to restrict contributions, limiting it to Rs. 15,000 per month, or continue with the full contribution based on total earnings.
From India, Madras
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302From India, Madras
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SC Judgment-No obligation to excess contribution than Statutory Limit.docx
PF Contribution on Leave Encashment - Clarification by EPFO.pdf