Hi ! This is Bablesh Kaushik. The company I work with intends to engage some skilled workers on Fixted terms contract for one year.The individual is requesting not to deduct the PF. His basic & SA is above 6500/-.
Kindly suggest that how to go ahead and ensure that PF liability does not come to the Company.
Best Regards,
Bablesh
From India, Mumbai
Kindly suggest that how to go ahead and ensure that PF liability does not come to the Company.
Best Regards,
Bablesh
From India, Mumbai
Dear Bablesh,
If the employee is not any PF member till now, you can get the get the form 11 filled from the employee and submit the same to the PF office. There will be no liability on the company.
But if the employee is already a PF member, then you will have to deduct the PF or otherwise take him as a consultant, while deducting only his TDS.
Regards,
Ashutosh Thakre
From India, Mumbai
If the employee is not any PF member till now, you can get the get the form 11 filled from the employee and submit the same to the PF office. There will be no liability on the company.
But if the employee is already a PF member, then you will have to deduct the PF or otherwise take him as a consultant, while deducting only his TDS.
Regards,
Ashutosh Thakre
From India, Mumbai
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.