Good afternoon experts, I am the asst.HR Manager in pune, our employer is thinking to not to pay the pf , i it valid or is there any clause in pf for such declaration ? please suggest
From India, Thane
1From India, Thane
In addition to Mr. Madhu's contribution this is to inform you that, you have an option for not paying PF only for those employees whose salary is above 15,000 /-. Also, if you are deducting PF on actual basic eventhough it is more than 15,000/- then you can restrict company contribution only upto 12% of 15,000/-
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Employer-PF-res trict to wages of Rs 6500.pdf