Provident fund query

This query is : Resolved

CA Parul Saxena (Querist)
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14 March 2015 I am working in an organisation in Delhi. But i get salary from the sister concern of the main organisation and PF is not deducted as no. of employees in its sister concern are below 20.

I want to get salary from Main organisation in Delhi but it has PF applicability and i dont want PF deduction as my salary is less.Is is possible or any form is available where i can mention that i dont want PF facility.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 March 2015 If they are filling form 11 and declaring that they were not member of PF in past and at present drawing basic salary above than Rs 15000/- , then they need not to be a member of PF.

BUT KEEP IT MIND THAT FOR EXISTING EMPLOYEES,THOUGH THEY ARE CROSSING 15000, PF DEDUCTION SHOULD NOT BE WITHDRAWN.

CA Parul Saxena

CA Parul Saxena (Querist)
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14 March 2015 please carefully read the query and then reply. I am asking i want to draw a salary from an organisation which is registered under PF but i dont want PF deduction. so is there any option????

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 March 2015 You read my reply properly if you are already a member of PF you can't opt out. Only for persons newly joining and already not a member of pf can opt out.

CA Parul Saxena

CA Parul Saxena (Querist)
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14 March 2015 Please give to the point reply i dont want PF deduction i am not a PF member till date so whether can i do the same?????If yes then how???what form to fill??

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 March 2015 Yes you can do the same provided your salary is more than Rs 15,000 and filling form 11.

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