Hello All!
it is optional for the employer to deposit the PF over Rs. 6500 basic salary, even if the employee is willing to continue with the PF deduction. I wanted to confirm, is it ok for the employer to stop contributing its share, if he has been sharing since last 1 year, and now he realises that he doesnt want to continue with his share. Please let me know if this can be done, and if this is legal.
Thanks & Regards!
it is optional for the employer to deposit the PF over Rs. 6500 basic salary, even if the employee is willing to continue with the PF deduction. I wanted to confirm, is it ok for the employer to stop contributing its share, if he has been sharing since last 1 year, and now he realises that he doesnt want to continue with his share. Please let me know if this can be done, and if this is legal.
Thanks & Regards!