If a person getting 22000 salary is there necessary for pf deduction. My hr saying you will not be in that category. Kindly let me know thanks
From India, Chennai
From India, Chennai
if the employee has been anytime member of EPF in his past service, then it is mandatory to remain member of EPF , otherwise it is optional
If the employee interested to save then he can contribute both ER + EE. That is 12% + 12% share
From India, Chennai
From India, Chennai
already had pf account withth drawn from on the last company. based on old account details is it possible to continue or open
From India, Chennai
From India, Chennai
Dear Malini,
Since you are already member of EPF hence you cannot be deprived from EPF benifit. However even if your PF chargable salary is exceed the ceiling i.e. 15000/- even then your employer have to consider the same or may restrict the EPF contributions on 15000/- (ceiling limit) depend on your employer discretion?
Thanks & Regards
V SHAKYA
HR & Labour Laws Advisor
From India, Agra
Since you are already member of EPF hence you cannot be deprived from EPF benifit. However even if your PF chargable salary is exceed the ceiling i.e. 15000/- even then your employer have to consider the same or may restrict the EPF contributions on 15000/- (ceiling limit) depend on your employer discretion?
Thanks & Regards
V SHAKYA
HR & Labour Laws Advisor
From India, Agra
Submit form 11 generated from UAN portal, or simply submit UAN details in physical form 11. with date of exit from previous establishment, to your employer
this will enhance the pension eligibility in pension term
this will enhance the pension eligibility in pension term
You are exempt from PF if the following conditions are fulfilled
1. You do not have any active (not withdrawn) PF at the time of 'joining the new Company
2. Your basic and da (not entire salary) is higher than ₹15000 when you join the company
If both of the above are fulfilled, you can opt out of PF. But you can still decide to continue with a PF account or create a new one. You can not be deprived because you are eligible to exemption
From India, Mumbai
1. You do not have any active (not withdrawn) PF at the time of 'joining the new Company
2. Your basic and da (not entire salary) is higher than ₹15000 when you join the company
If both of the above are fulfilled, you can opt out of PF. But you can still decide to continue with a PF account or create a new one. You can not be deprived because you are eligible to exemption
From India, Mumbai
Dear Valuable members ,
I have two questions , my employee has told that now he dont want to continue the PF , so what can i do ?
please suggest . ( his salary below 15000/-) and how to consider basic salary the per employee example salary is 35000 ?
From India, Mumbai
I have two questions , my employee has told that now he dont want to continue the PF , so what can i do ?
please suggest . ( his salary below 15000/-) and how to consider basic salary the per employee example salary is 35000 ?
From India, Mumbai
There is no choice provided to an employee. If the employee has an PF account, he continues to be covered
From India, Mumbai
From India, Mumbai
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