If new employee don’t want PF to be deducted & submits letter to Hr and his basic is more than 10000/-,does employer has any liability to pay employer contribution? can anyone help on this
From India, Delhi
From India, Delhi
If an employee salary is more than Rs.6500/- p.m at the time of entering into organisation, he will not come under the purview of PF Act. So, you don't require to deduct from employee or contribute from employer side.
S Rajasekaran
From India, Madras
S Rajasekaran
From India, Madras
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. CiteHR connects professionals facing similar challenges, leveraging a vast knowledge base (100K+ downloads, 150K+ discussions) and targeted emails to engage experts in solving issues.