The PF from the employee was deducted as his salary was within the threshold limit of Rs. 15,000/- gross per month. Now, the salary has been increased, and as per the threshold limit, the employee is opting out from the deduction as his salary is more than the prescribed limit for PF. Is it possible to discontinue the deduction.
From India, Bengaluru
Acknowledge(0)
Amend(0)
From India, Bengaluru
Acknowledge(0)Amend(0)
He has become exempted employee under the act. However if employee and employer willing to contribute, then he can continue to be the member.
From India, Madras
Acknowledge(0)Amend(0)
320From India, Madras
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
SALARY with out PF Deduction.xls