Employees Provident Fund (EPF) - Pension for International Worker..!
There will be no contribution to pension fund for an International Worker assigned to India with effect from, first September 2014 if their salary is above Rs.15000 per month.
This means entire contribution both employer (Company) & employees (Workers) will be apportioned to EPF Acconut.
There will be no contribution to pension fund for an International Worker assigned to India with effect from, first September 2014 if their salary is above Rs.15000 per month.
This means entire contribution both employer (Company) & employees (Workers) will be apportioned to EPF Acconut.
Any International Worker who is an existing member of the EPF Pension Scheme as on first September 2014, 8.33% of the employers share would continue to be contributed to Pension Account.
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