PF Contribution For International Worker

Dear Mr. Raghu,Please go through the attached details; it will help you.From- Vijay Vashisth@mrupadhya:> Dear all,> > I have doubts on the recent amendment on PF coverage for international workers.> > 1\. Whether an international worker would be compulsorily lia...

Dear all,I have doubts about the recent amendment on PF coverage for international workers.1\. Whether international workers would be compulsorily liable to participate in the PF scheme regardless of their basic salary.2\. If they are liable, whether PF has to b...

Hi Madhu,I am not able to understand what a retaining allowance is and what all is covered under this head?Secondly, the components of the salary in my company are: Basic, HRA, professional development allowance, soft furnishing allowance, and entertainment allo...

Retaining Allowance is a special allowance paid to an employee who is discharging a duty with some special skill. It will be an arrangement with the employer that an amount should be paid in addition to the normal salary applicable to the particular grade of emp...

For international employees working in India, there is no cap on the salary on which contributions by the employee and employer are payable. However, the same cap of Rs 6500, as applicable to Indian employees for the payment of contributions to the Employees' Pe...

Thanks, Madhu, for clarifying.In that case, do you mean that if the basic salary, DA, and Retainer allowance (all put together) of an international worker are Rs. 1 Lakh, then the PF should be 12% of Rs. 1 lakh, or can it be Rs. 780, which is 12% of Rs. 6500?

There is no cap on salary for the purpose of EPF, but a cap of Rs. 6500 is there for the Pension Scheme. If the salary is Rs. 1 lakh, the PF contribution should be Rs. 12,000, whereas the Pension Fund contribution by the employer should be restricted to Rs. 541 ...

In the case of an international worker in India, the contribution to the Employees' Pension Scheme (EPS) is mandatory under the EPF Act, subject to certain conditions. The Amendment dated 01 Sep 2014 you mentioned is indeed significant in this context.The notifi...