Provident fund act,1965

Anshuman (Article Assistant) (87 Points)

03 July 2014

Whether should i deduct Provident fund of retainers who are on contract basis for more than 365 days.

Thanks in Advance,

Anshuman Prasad

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Kolluru Krishna Murty (Partner) (315 Points)
Replied 20 September 2014

Dear Sir,

You have to see whether there is contractual relationship of employer-employee like leave,timings,attendance etc,.to apply provisions of PF.

If no such relationship there is no need to deduct PF.

kkm

Kolluru Krishna Murty (Partner) (315 Points)
Replied 09 October 2014

Dear Sir,

My answer is yes,others may comment.

But there is one exception that they should below 58 years of age.Above that age management have to accept admitting them as members,

kkm

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