Dear All,
Please find attached the PF Gazette Notification for increase in wage ceiling from 6500 to 15000 w.e.f. 01.09.2014. The following clarifications are required on the same;
1. As the fresh consent is required for employees contributing more than 15000/- salary; can they discontinue being a member in PF?
2. Under which account Employee require paying additional 1.16% as administrative charges on contribution in addition to statutory limit?
Regards,
From India, Chandigarh
Please find attached the PF Gazette Notification for increase in wage ceiling from 6500 to 15000 w.e.f. 01.09.2014. The following clarifications are required on the same;
1. As the fresh consent is required for employees contributing more than 15000/- salary; can they discontinue being a member in PF?
2. Under which account Employee require paying additional 1.16% as administrative charges on contribution in addition to statutory limit?
Regards,
From India, Chandigarh
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