Poonawalla fincorp
Poonawalla fincorp

PF Deduction

This query is : Resolved 
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(Querist)
04 January 2011 Hi,

Will any one let me know whether to deduct PF from the salary of an employee whose salary is Rs. 10000/- per month? Please provide the detailed explanation.
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
04 January 2011 if basic plus DA is above 6500/-, & the employee submits a declaration cum request for not opting for PF, PF may not be deducted.

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