Pf
SUBHASH
(Querist) 10 October 2013
This query is : Resolved
greetings...
Please response my query..
my company is going to start a new business for that we are going to employ 100 new staff, as per my knowledge PF is compulsory on basic salary upto 6500 pm, now if an employee is coming from a company where he is getting salary above 25000 pm with PF deduction by that company then should MY company also liable to pay PF .
R.K Nanda
(Expert) 10 October 2013
ur liable to pay PF.
SUBHASH
(Querist) 10 October 2013
sir , can i get any circular /notification,regarding this matter, so i can produce evidence to my company .
Raj Kumar Makkad
(Expert) 12 October 2013
There is n such notification vide which the employer is bound to provide the EPF facility to those employees who join in the wages amounting more than Rs. 6500/- per month so in the given case, the employee getting the wages of more than Rs. 6500/- per month shall come within the definition of exempted employee as per EPF & MP Act, 1952 as amended up to date.