Pf probelm
sureshselva
(Querist) 16 November 2012
This query is : Resolved
Dear sir
My employer (pvt ltd) is not willing to give provident fund (PF)option to deduction and pay.
he saying more than 6500 PF is not complosary, my get 8000 p.m.
So i will not give the pf option to you he said,
In this situation what can do to get PF get for me.
If i want get pf option
employer share : 8000*12.56/100 =1005
My contribution: 960
Totally : 1005+960 = 1965
Employer initiation is they not want to give payment of the above said amount.
Please help in this issue.what to do further.
With regards
SSS
Raj Kumar Makkad
(Expert) 16 November 2012
Legally your employer is accurate in his approach as he is not duty bound to provide this facility for the employees already getting more than Rs. 6500/- in the head of basic wages, dearness allowance, retaining allowance and food concession, if any.
The rate of deduction and contribution for both the employee and employer is 12% at present.
Sailesh Kumar Shah
(Expert) 17 November 2012
your employer is not legally bound for pf contribution.
Sudhir Kumar, Advocate
(Expert) 18 November 2012
refer to reply at http://www.lawyersclubindia.com/experts/PF-NO-NOT-Given-Claim-349061.asp#.UKjm_WfRDWM
Raj Kumar Makkad
(Expert) 19 November 2012
Even if an employee was getting PF facilities with his previous employer but after his joining with new employer, the terms of new employer shall be counted and not of previous including EPF facility.