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PF deduction for Retired person, Other Topics |
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PF deduction for Retired person |
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Sir, we have appointed a retired person [age58 yrs] in purchase dept. on monthly consolidated salary of Rs. 16000/- pm. there is no PF and other benefits. is it PF compulsary for retired persons? whether from 11 is necessary for for non-deduction of PF ? before retirement he is PF member. Whether we need to show this consolidated salary in our regular Salary register coming under PF ESI Inspecter of factories inspection kindly give ur valuable replies venkateswaran Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Statutory limit for deduction of PF is Rs. 6500/- . Further, if employee is getting basic salary more than of this statutory limit, then, mutually it is agre ed that there will be no deduction pursuant to PF. Page: 1 Old Query - New Comments are closed. |
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