Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Gyana Mishra (Service)     15 April 2008

PF Implication

I wish to know:

1. whether a Software Development Company covers under the defination of "Fatories" as described under PF Act 1952

2.If all the employees (more than 20) are getting basic salary more than 6500/-. Does the company liable to deduct PF from employees salary & deposit the same with his share with PF organisation.


 2 Replies

Guest (n/a)     16 April 2008

Help me to mail all answers Thanks

gauri tomar (AM- Human Resource)     18 April 2008

Yes , PF covers IT industry too and company is liable to pay 12 % contribution of basic salaryand deduct from employees as well.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Start a New Discussion Unreplied Threads

Popular Discussion

view more »

Post a Suggestion for LCI Team
Post a Legal Query