Hi,
None of my employees is interested in PF can any one tell me how to write a declaration form saying non of my employees is intersted in PF.I need to get bulk sign to be legally on safe side.
Thax
swathi
From India, Bangalore
None of my employees is interested in PF can any one tell me how to write a declaration form saying non of my employees is intersted in PF.I need to get bulk sign to be legally on safe side.
Thax
swathi
From India, Bangalore
Dear Ammu
No legal responsibilities or rights can be written off with or without consent either orally or in writing. PF will remain and employees or employers do not have the right to say no to pf, if the employees fall within the ambit of PF. If you want to get out of PF then raise the salary of your employees and get it out of the ambit of PF, then no one will have to pay PF. But PF is a financial saving of great importance and also tax benefits are applicable on the same.
Regards
Octavious
From India, Mumbai
576No legal responsibilities or rights can be written off with or without consent either orally or in writing. PF will remain and employees or employers do not have the right to say no to pf, if the employees fall within the ambit of PF. If you want to get out of PF then raise the salary of your employees and get it out of the ambit of PF, then no one will have to pay PF. But PF is a financial saving of great importance and also tax benefits are applicable on the same.
Regards
Octavious
From India, Mumbai
I wouldd suggest you to please go to "EXEMPTION : PROVISIONS OF ACT / SCHEMES" EPFO to know everything about it..
From India, Gurgaon
From India, Gurgaon
pf is a collected money by the company for security which is refundable at the end. it is necessary for every , it’s not wrong . hotels in kissimmee fl
From India, Delhi
From India, Delhi
Dear child,
You are adamant. To help you, pursue what is stated in the link/attachment. Hope U would be little more clear. Unless U comply with these provisions No declaration will help U from the liabilities. Not collecting & depositing the PF is a punishable crime involving fine & prisoning.
Rgds,
kumar.s.
From India, Bangalore
You are adamant. To help you, pursue what is stated in the link/attachment. Hope U would be little more clear. Unless U comply with these provisions No declaration will help U from the liabilities. Not collecting & depositing the PF is a punishable crime involving fine & prisoning.
Rgds,
kumar.s.
From India, Bangalore
Dear Swathi
Please explain to your management, that PF is not on voluntary basis and it is a statutory obligation, and it should be deducted from the employee and the employer part is to be added and deposited to EPFO.
Further Please explain to all the staff that the PF is the only saving which will help them when they lost their earning capacity. Even in case of any untoward incidents, the family can get the EPS Pension, which can be highly useful for the family members of the deceased employee.
The PF Amount can be shown in Income Tax exemption under Section 80C of Income Tax Act.
From India, Kumbakonam
Please explain to your management, that PF is not on voluntary basis and it is a statutory obligation, and it should be deducted from the employee and the employer part is to be added and deposited to EPFO.
Further Please explain to all the staff that the PF is the only saving which will help them when they lost their earning capacity. Even in case of any untoward incidents, the family can get the EPS Pension, which can be highly useful for the family members of the deceased employee.
The PF Amount can be shown in Income Tax exemption under Section 80C of Income Tax Act.
From India, Kumbakonam
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HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls