Friday, July 15, 2011

SPLITTING SALARIES FOR LOWER PF TO LAND COS IN TROUBLE

Employers who split workers salaries into a number of heads to bring down Provident Fund (PF) contributions have been warned of legal action by the Employees’  Provident Fund Organization (EPFO). A Government official said that we have told our field offices that they should examine contracts and pay structures to decide whether the pay was being split into several heads as a subterfuge to avoid Provident Fund(PF) contribution.

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