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Anurag Iyen (manager)     25 September 2012

Pf contribution by employer -urgent

Dear All,

I have a doubt. If employee salary is Rs.6500/- do employer contribution is volutary or compulsory ?

We donnot want to pay employer contribution, but want to give the amount in other way.

 

Please reply soon ..Urgent



Learning

 2 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     25 September 2012

 

  • Employers can apply for exemption in respect of a class of employees getting similar or better benefits than the statutory P.F. Scheme under P. 27A  subject to the conditons  governing grant of exemption. 
  • The  employer can seek exemption from P.F. Scheme for the entire establishment if the majority of the employees also consent for exemption, subject to certain  conditions governing grant of exemption and certain formalities.

Anurag Iyen (manager)     25 September 2012

Do we need to intimate labour officer and PF office that we donnot want to pay PF to employees


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