Please Help: Provident fund applicability
Posted Date : 15-Jun-2015 , 06:49:00 pm | Posted By: Kailashkant Choudhary
Category :
Corporate Law | Answers :
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If employee is getting salary more than 15000 and employee is not willing to contribute anything in provident fund in that case whether it is mandatory to contribute in provident fund? |
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| Posted By : Srinivas Doradla |
17-Jun-2015, 10:49:28 |
| No, it's not mandatory for those employees whose salary per month is more than Rs. 15,000. The change in threshold become effective from 01-SEP-14, earlier to the date it's voluntary for those whose salary per month is in excess of Rs. 6,500 only |
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