Once a person is enrolled under PF Scheme, irrespective of his salary increments in consecutive jobs, he does not have an option of exemption from the scheme, unless the company is not registered under the EPF act.Such companies are usually startup or company which has less than 20 employees...
and workers are both required to contribute to the Fund under the Workers’ Provident Fund Scheme. The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952 (“Act”) is applicable across all the states in India established the Employees’ Provident Fund. All the industries and ...
Known as a member’s annual contribution card,Form 3Adepicts the month-wise contributions made by the subscriber/member and employer towards E.P.F and Pension Fund in a particular year. The data is calculated for every member who is a part of the scheme Check out details atBasic Salary Mor...
etc. The amount you get as gratuity depends on the number of years you have served and the last drawn monthly salary. Roughly, you get half a month’s Basic and Dearness Allowance(DA) for every completed year of service.The gratuity received by an employee is NOT taxable if it is recei...