Provident Fund

This query is : Resolved 

02 January 2017 kindly let me know, whether PF is compulsory if salary is more than 15000/- at the earliest.

02 January 2017 If, drawaing salary (Basic+DA+cash value of food concessions) is more than Rs. 15000/- then PF deduction is optional its not compulsory.

02 January 2017 thank you sir


03 January 2017 It depends company policy, company can exempt if employee basic salary exceeds Rs.15000/- or restrict PF benefit upto Rs.15000/-

05 January 2017 Thanks Kaviraja Sir



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