Provident fund

Querist : Anonymous (Querist) 04 January 2012 This query is : Resolved
An employee having a salary more than Rs. 6500 per month,has been getting PF deducted.
Now,he wants to opt for non-deduction of PF since his salary is more than Rs. 6500 per month.

Can he execise the option for non-deduction of PF from his salary, and withdraw the balance of PF to his account?

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Raj Kumar Makkad (Expert) 08 January 2012
One an employee is covered under the Act, he cannot be exempted rather his wages shall be limited to the extent of Rs. 6500/- while assessing the epf implementation.

Sailesh Kumar Shah (Expert) 08 January 2012
No,There is no such provisions in the act.

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