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applicability of PF

CA Devender Chauhan (Group Financial Accountant) (1526 Points)

11 July 2011

Hi,

I would like to know the provisions of PF Act in following circumstances:

1. Employees of the company drawing basic salary exceeding Rs. 6500 makes a declaration for non deduction of PF from salary.

2. Employees of the company drawing basic salary not exceeding Rs. 6500 makes a declaration for non deduction of PF from salary.

If they can make declaration then in which form this declaration is to be made?

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3 Replies

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 12 July 2011

https://www.epfindia.com/payments.htm

CA Devender Chauhan (Group Financial Accountant) (1526 Points)
Replied 14 July 2011

Originally posted by : DS Chauhan
	Hi, I would like to know the provisions of PF Act in following circumstances: 1. Employees of the company drawing basic salary exceeding 6500 makes a declaration for non deduction of PF from salary. 2. Employees of the company drawing basic salary not exceeding 6500 makes a declaration for non deduction of PF from salary. If they can make declaration then in which form this declaration is to be made?

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 14 July 2011

Originally posted by : DS Chauhan

Hi,

I would like to know the provisions of PF Act in following circumstances:

1. Employees of the company drawing basic salary exceeding 6500 makes a declaration for non deduction of PF from salary.

- declaratin is void, deduction mandatory

2. Employees of the company drawing basic salary not exceeding 6500 makes a declaration for non deduction of PF from salary.

declaration void if contributing members are less than 20, valid if over 20

If they can make declaration then in which form this declaration is to be made?