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Provident Fund

This query is : Resolved 
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(Querist)
03 May 2010 Does an employee have an option not to opt for PF if his salary exceeds Rs.6500, or payment of at least Rs.780 is compulsory.

Thanks in advance
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 May 2010 I think, there is option for employees drawing salary more than Rs.6500/- for not opting the PF but for that previoulsy he should no be a member of PF,if he is member already in PF, HE cannot opt like that. previously he never memebr of PF he can opt the same. but in this Employer policy also involved
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praveen

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praveen (Querist)
05 May 2010 Thank you sir.
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