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If your company has more than 20 permanent employees - Yes.
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∙ 11y ago
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Whether ctc included employee pf and employer pf?
Yes. CTC includes both Employee and Employer PF contributions
When should the company start giving PF to the employee?
Right from day one when an employee joins, his PF benefits must begin. The PF will be paid out when the employee retires or resigns permanently and will not be taking up any job for at least 3 months. In case of a job switch, the pf account will get transferred to the new employer
How do you know cm-pf number of voluntary retirement employee?
If you are the employee, you can check with your employer or visit the regional epf office to find out the pf account number
Who is responsible for PF?
An employee whose drawing wage or basic salary has upto rs 6500/- responsible to pay pf contribution 12 % from employer & employee respectively.
What happens to PF account if employee is dismissed?
The account will be discontinued and the employee can withdraw the funds when he wants.
Is pan number necessary for deduction of pf?
No
Are employee benefits really necessary why?
Are employee benefits really necessary? Why?
Can a company deduct provident fund from employee's salary without providing account number of respective Pf account number?
No. The moment they start deducting PF from your account, they are bound to disclose the PF account number to the employee. It is our right to know where our money is being deposited.
Can a company open PPF account for employee instead of PF account?
No.
Is a company having less than 20 employees should be registered on pf?
Some establishments having less than 20 employees would also be required to obtain PF registration but that is voluntary registration. All the employees will be eligible for a PF from the commencement of their employment and the responsibility of deduction & payment of PF lies with the employer.
What is ee amount in pf?
ER Stands for the Employer Contribution in your PF Amount.
Is PF withdrawal is taxable for salaried employee?
Yes, if you do before 5 years of service
