applicability of PF scheme
This query is : Resolved
18 January 2011
Dear all,
In a company there are 120 employees among them 5 employees don't want PF. is it possible to make like that? if yes under which provision/section..............
In a company there are 120 employees among them 5 employees don't want PF. is it possible to make like that? if yes under which provision/section..............
18 January 2011
Company has to deduct and deposit of every employee. The mployeee has no power to chose unless the employee is more than 58 years of age.
Message likes :
1 times
18 January 2011
Thank you sir but company is saying if an employee's Basic + DA is more than Rs.6500 while joining then PF is optional to that employee.Is it correct?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
