The Employer is within its right to withdraw the facility of payment of additional PF contribution and can strict his contribution to the extent of statutory payments only any time without the consent of the concerned employees. There is judgment of the High court to that effect.
The said change does not require any prior notice or consent as per the provision of Section 9A of the industrial disputes Act, 1947.
Also, payment of PF on gross salary/wages does not tantamount to terms and condition.
From India, Ahmedabad
The said change does not require any prior notice or consent as per the provision of Section 9A of the industrial disputes Act, 1947.
Also, payment of PF on gross salary/wages does not tantamount to terms and condition.
From India, Ahmedabad
Dear Friends,
I want to say exactly, what Mr. Darshan mentioned,
As per PF Act it is completely ok, but on safer side the written consent needs to be obtained from employees, Also we all knows that, now a days, Salary is based on CTC Concept. by implementing new changes , i.e. PF deduction on ceiling of Rs.6500/-, employer has to pay less contribution, which was earlier paid on Actual Basic, in such scenario, CTC will be reduced compare to earlier CTC of Employees.
In such circumstances, employer also needs to be fair enough by adjusting difference of amount so that Final CTC amount of employees will not be impacted.
regards,
Vipul Rana
From India, Thana
2I want to say exactly, what Mr. Darshan mentioned,
As per PF Act it is completely ok, but on safer side the written consent needs to be obtained from employees, Also we all knows that, now a days, Salary is based on CTC Concept. by implementing new changes , i.e. PF deduction on ceiling of Rs.6500/-, employer has to pay less contribution, which was earlier paid on Actual Basic, in such scenario, CTC will be reduced compare to earlier CTC of Employees.
In such circumstances, employer also needs to be fair enough by adjusting difference of amount so that Final CTC amount of employees will not be impacted.
regards,
Vipul Rana
From India, Thana
Hi,
I am very good administrative manager .having 3 colleague my company is fully an properiatorship .
I want to know as admin of office what good think can be implemetated additional to daily administration .
also give best statutory compliance to staff as admin in charges .
Thanking yopu
Ms.Hetal M.
From India, Mumbai
I am very good administrative manager .having 3 colleague my company is fully an properiatorship .
I want to know as admin of office what good think can be implemetated additional to daily administration .
also give best statutory compliance to staff as admin in charges .
Thanking yopu
Ms.Hetal M.
From India, Mumbai
A change in contribution to PF attracts item 2&8 of schedule iv of ID Act,hence to be on safer side . better to comply sec 9A. Varghese Mathew
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Dear All,
Pls refer to the attached PF statement of an employee working as SG in my organisation.
There is a deviation (+/-) in monthly contribution by employee as well as employer.The basis salary of the emp. remain same through out this period. (Rs.4174/-).
Thanks & Regards,
Manish Shrimali
Ranchi, Jharkhand
From India, Pune
Pls refer to the attached PF statement of an employee working as SG in my organisation.
There is a deviation (+/-) in monthly contribution by employee as well as employer.The basis salary of the emp. remain same through out this period. (Rs.4174/-).
Thanks & Regards,
Manish Shrimali
Ranchi, Jharkhand
From India, Pune
Dear,
It is not possible for any organization to reduce the amount of EPF, for the new joinees you can implement the rule of keeping 65000 the maximum basic for PF deduction but for the existing employees the share cannot be reduced.
Regards,
Everyjobs Team
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From India, Delhi
It is not possible for any organization to reduce the amount of EPF, for the new joinees you can implement the rule of keeping 65000 the maximum basic for PF deduction but for the existing employees the share cannot be reduced.
Regards,
Everyjobs Team
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U can join us on:
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From India, Delhi
Yeah, It is rightly said, once you started deducting PF on the entire amount for particular employee, you can not reduce the PF Contribution.
However you can start implementing this process for the new joinees as you can take basic salary is Rs.6500/- & can deduct Rs.780/- as PF even if their Basic Salary is above Rs.6500/-.
From India, Andheri
However you can start implementing this process for the new joinees as you can take basic salary is Rs.6500/- & can deduct Rs.780/- as PF even if their Basic Salary is above Rs.6500/-.
From India, Andheri
it z not true. deduction can be reduced by circulating notice among employee, employer & PF Office. The point is that employee should be agreed with the same.
From India, Faridabad
From India, Faridabad
Hi Rajan, Employer reserved this right means He will only Rs. 780/- (Basic - 6500) ever employee will pay any amount. But the employer will pay only Rs. 780/-. Rgds, Bhanu
From India, Calcutta
From India, Calcutta
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