CAN WE DEDUCT P.F FOR VICEPRESIDENT

Human Resources » Industrial Law & Discipline

	Message From: pathan_78	Total Posts: 2	Join Date: 30/09/2010
Rank: Beginner	Post Date: 30/09/2010 01:15:42	Points: 10	Location: India

IAM HAVING A MAJOR DOUBT CAN WE DEDUCT P.F TO THE VICEPRESIDENT OF THE COMPANY ANY RULES IS THERE TO DEDUCT THE V.P ARE GETTING MORE THAN 75,000 P.M WHAT WE HAVE TO DO PLEASE CLARIFY THE DOUBT

	Message From: Amitpandey	Total Posts: 2	Join Date: 30/09/2010
Rank: Beginner	Post Date: 29/01/2011 07:21:20	Points: 10	Location: India

Yes,

I think PF rules are same for all employees, you have to deduct PF from your VPs salary becouse he is also an employee. Only if he is above 58 you can't.

Amit

	Message From: jayaram.nag	Total Posts: 1	Join Date: 30/09/2010
Rank: Beginner	Post Date: 02/09/2011 08:24:46	Points: 5	Location: India

you have to deduct

	Message From: hrm_lifeline	Total Posts: 3	Join Date: 30/09/2010
Rank: Beginner	Post Date: 07/09/2011 03:01:37	Points: 15	Location: India

No. if he intimate his desire to contribute on the whole amount to EPFO through employer only then employer can deduct his PF on higher wages. Employer can also contribute on the whole amount drawn as wages under intimation to EPFO.

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