I am working in a Partnership Company in Gujarat with around 200 plus emloyees. By basic salary is Rs. 31500.
Previously where ever I worked I was not deducting any kind of PF from my salary. The only deduction was of Rs. 200 of Professional Tax.
Now, here in my new job there is PF deducted from my Salary of Rs. 1800 per month ( Rs. 15000 @ 12% ). I do not want my PF to be deducted. Are there any rules by which I can refuse for PF deduction ?
Please guide me.
MITESH SHAH
98242 13723
From India, Gondal
Previously where ever I worked I was not deducting any kind of PF from my salary. The only deduction was of Rs. 200 of Professional Tax.
Now, here in my new job there is PF deducted from my Salary of Rs. 1800 per month ( Rs. 15000 @ 12% ). I do not want my PF to be deducted. Are there any rules by which I can refuse for PF deduction ?
Please guide me.
MITESH SHAH
98242 13723
From India, Gondal
you can refuse to be member of pf and request your organization not to deduct pf and refund the deducted pf amount
From India, New Delhi
From India, New Delhi
yes as per pf (amended) act 2014 w.e.f 1.9.14 Please go through the following
"A person who joined the establishment with a salary beyond Rs. 15000/- draws salary less than Rs. 15000/- during a particular month for any reason no contribution is required to be paid to the Provident Fund on the salary drawn as the salary drawn at the time of joining the establishment decides as to whether an employee is required to be the member of the Fund or not. In this case, since the person joins the establishment with a salary beyond Rs. 15000/-, he cannot be a member being an excluded employee."
From India, New Delhi
"A person who joined the establishment with a salary beyond Rs. 15000/- draws salary less than Rs. 15000/- during a particular month for any reason no contribution is required to be paid to the Provident Fund on the salary drawn as the salary drawn at the time of joining the establishment decides as to whether an employee is required to be the member of the Fund or not. In this case, since the person joins the establishment with a salary beyond Rs. 15000/-, he cannot be a member being an excluded employee."
From India, New Delhi
For further clarity please go through the foolowing
"There exist two possibilities, when an employee joins a covered establishment with a pay exceeding Rs. 15,000/- p.m. after 1st September, 2014: (A) before his joining, he was not in employment anywhere, or (B) before his joining, he was in employment. In such cases, two situations may arise, i. e., (B1) he was not a member of provident fund or (B2) he was a member of the Fund. Again, there could be two types of cases, such as: (B21) he has already withdrawn the full amount of his provident fund accumulations and is not a member of the provident fund or (B22) he is still a member of the provident fund. Provident fund contribution is not required to be made in respect of the employee falling in category (A) or (B1) or (B21). However, the employees in category (B22) shall continue to be the members of provident fund and statutory PF contributions are required to be made in respect of these employees upto the wage-ceiling of Rs. 15,000/- p.m."
From India, New Delhi
"There exist two possibilities, when an employee joins a covered establishment with a pay exceeding Rs. 15,000/- p.m. after 1st September, 2014: (A) before his joining, he was not in employment anywhere, or (B) before his joining, he was in employment. In such cases, two situations may arise, i. e., (B1) he was not a member of provident fund or (B2) he was a member of the Fund. Again, there could be two types of cases, such as: (B21) he has already withdrawn the full amount of his provident fund accumulations and is not a member of the provident fund or (B22) he is still a member of the provident fund. Provident fund contribution is not required to be made in respect of the employee falling in category (A) or (B1) or (B21). However, the employees in category (B22) shall continue to be the members of provident fund and statutory PF contributions are required to be made in respect of these employees upto the wage-ceiling of Rs. 15,000/- p.m."
From India, New Delhi
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