Sirs,
I seek your comments :
We are deducting and contribution on salary of employees even beyond 6500/-. For some of the new joinees whose salary is above 6500/- can we differntiate by allowing contribution to few of them and not to few of them.
Regards
From India, Ahmedabad
1I seek your comments :
We are deducting and contribution on salary of employees even beyond 6500/-. For some of the new joinees whose salary is above 6500/- can we differntiate by allowing contribution to few of them and not to few of them.
Regards
From India, Ahmedabad
Dear Mr. Dixit,
All the employees of our company are covered under PF irrespective of the salary, may be he is drawing 50K and the contribution is on 50k.
can we recruit few employees whose salary is more than 6500/ and we do not contribute PF and declare him as exempted employee.
Hope it is clear now.
Regards
From India, Ahmedabad
All the employees of our company are covered under PF irrespective of the salary, may be he is drawing 50K and the contribution is on 50k.
can we recruit few employees whose salary is more than 6500/ and we do not contribute PF and declare him as exempted employee.
Hope it is clear now.
Regards
From India, Ahmedabad
Hi Garg,
Yes, there are several companies, who does the same. However, ensure 6500 is the gross salary not the basic or CTC.
For even more clarifications, please reach me at the undersigned.
Thanks & Regards,
Dikshit T G S,
08501003082
From India, Hyderabad
Yes, there are several companies, who does the same. However, ensure 6500 is the gross salary not the basic or CTC.
For even more clarifications, please reach me at the undersigned.
Thanks & Regards,
Dikshit T G S,
08501003082
From India, Hyderabad
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf