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vicky (Law officer)     19 February 2013

Pf contribution rollback

HI Senior, In Our Company we want to apply following things can it will be possible if not then why? :- 1) Can PF Contribution Rollback as per PF rule e.g Suppose An employee Basic Salary -10000/- PM his PF Contribution is 1200/- but now management want PF contribution upto the ceiling limit 6500/- pm so PF Contribution 780/- The basic idea of Management they want to increase take home salary

can we follow the above method in our organization, please suggest with relevant case laws, provisions and case laws, thanks



Learning

 3 Replies

Sankaranarayanan (Advocate)     19 February 2013

yes you can follow it

Adv k . mahesh (advocate)     20 February 2013

yes you can change with higher authorities approval

Sudhir Kumar, Advocate (Advocate)     20 February 2013

you cannopt restrict employees right to contribute more than minimum. 


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