Jaslok Gandhi (g) 07 April 2015
Dear All.. Need ur help
A company has a policy of deducting PF as well as contributing PF upto Basic of 15000/- only (Even for basic exceeding 15000/-)
Now there is a new joinee (who was never previously covered in PF) in Mar'15 with Basic of Rs.40000/-
His PF is deducted on 15000/- My quesn is whether his Pension will be deducted or not??
Pls reply..
Sudhir Kumar, Advocate (Advocate) 07 April 2015
arulprasath (HR & Legal) 08 April 2015
From the employer contribution 8.33% will deposited in pension fund.
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