Dear All, If the salary of employee is below 6500 is it necessary to deduct PF or he/she can exempted by filling up form 11.
From India, Delhi
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2From India, Delhi
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No scope for exemption if the salary is below Rs 6500/-pm. Varghese Mathew
From India, Thiruvananthapuram
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From India, Thiruvananthapuram
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Hey Dear Can you tell me that do we have to take care of minimum wages also or if the salary is below minimum wages, is it unlawful for a small company even.
From India, Delhi
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From India, Delhi
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You have to take care of minimum wages, and if the salary is below the minimum wage, it is unlawful. You cannot pay less than the minimum wage, no matter whether your firm is small or big. The rules are applicable to all industries; there are no exceptions. Hope you get your answer.
From India, Mumbai
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From India, Mumbai
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Dear Ritika,
As an HR professional, you must understand that every industry/firm has to comply with the provisions of all relevant applicable laws. This includes the Shops & Establishment Act, Factories Act, Minimum Wages Act, relevant safety enactments, welfare legislations like EPF & MP Act, etc. Violation of the provisions of any such laws shall attract penalties as prescribed under the relevant laws. Therefore, study all relevant laws and ensure compliance with all provisions so that you will be at ease, and in turn, the management will benefit.
Persons drawing wages up to Rs. 6,500 are mandatorily covered under the EPF & MP Act. Even individuals who join for wages exceeding Rs. 6,500 per month must be covered under the Act if, at any point in their service, they had been a member under the Act but had not withdrawn the benefits as per Section 69 of the EPF Scheme 1952.
Thank you.
From India, Mumbai
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As an HR professional, you must understand that every industry/firm has to comply with the provisions of all relevant applicable laws. This includes the Shops & Establishment Act, Factories Act, Minimum Wages Act, relevant safety enactments, welfare legislations like EPF & MP Act, etc. Violation of the provisions of any such laws shall attract penalties as prescribed under the relevant laws. Therefore, study all relevant laws and ensure compliance with all provisions so that you will be at ease, and in turn, the management will benefit.
Persons drawing wages up to Rs. 6,500 are mandatorily covered under the EPF & MP Act. Even individuals who join for wages exceeding Rs. 6,500 per month must be covered under the Act if, at any point in their service, they had been a member under the Act but had not withdrawn the benefits as per Section 69 of the EPF Scheme 1952.
Thank you.
From India, Mumbai
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For further information, pls refer attached file. Everything is mention in it related to all acts and if not follow by any org than penalty for this.
From India, Mumbai
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From India, Mumbai
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Exemption under Sec.17(1)(a) of PF Act 18.11.2011.pdf