Provident Fund

This query is : Resolved

Sandesh K Kharvi (Querist)
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09 June 2010 Dear All,
I know one private limited company one who getting basic more than 7,000/- company not deducting the P.F from their employees.
Is any company law or Pf law tells not deduct pf one who getting basic more than 7,000/-
pls check and help the employees

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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09 June 2010 For employee getting More than Rs.6500 basic, he either can opt or not opt for PF, But this option is for only new memeber those who are not joined in PF previously. If he alreay a memeber in PF he cannot opt for non deduction of PF

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