[color=violet]Dear All,
Can someone throw light on below mentioned point...
what is the procedure if some employee wants to start deduction of PF from his/her salary?...I am talking about issue where salary of employee cross the limit (more than 6500) where it is not mandatory to go for deduction.....but now if someone wants to start it after say, 1 year?? then what procedure has to be done??
would the contribution remain same?...12% from both side?
Kindly guide..
Rgds,
Chaitali..[/color]
From India, Vadodara
34Can someone throw light on below mentioned point...
what is the procedure if some employee wants to start deduction of PF from his/her salary?...I am talking about issue where salary of employee cross the limit (more than 6500) where it is not mandatory to go for deduction.....but now if someone wants to start it after say, 1 year?? then what procedure has to be done??
would the contribution remain same?...12% from both side?
Kindly guide..
Rgds,
Chaitali..[/color]
From India, Vadodara
MEMBERSHIP:
At the inception of the scheme an employee who was in receipt of pay up to p.m. , and who worked for one year was eligible for membership of the fund. As a result of amendments made from time to time , the conditions of eligibility for membership of the fund have been liberalised in favour of employee. Presently an employee at the time of joining the employment and getting wages upto is required to become a member. Now an employee is eligible for membership of fund from the very first date of joining a covered establishment.
for your reference : http://www.epfochennai.tn.nic.in
regards ,
ganesh,
At the inception of the scheme an employee who was in receipt of pay up to p.m. , and who worked for one year was eligible for membership of the fund. As a result of amendments made from time to time , the conditions of eligibility for membership of the fund have been liberalised in favour of employee. Presently an employee at the time of joining the employment and getting wages upto is required to become a member. Now an employee is eligible for membership of fund from the very first date of joining a covered establishment.
for your reference : http://www.epfochennai.tn.nic.in
regards ,
ganesh,
The employee will be required to fill up the Form 2(revised) for registration. You can log on to www.epfindia.com for more details.
From India, New Delhi
From India, New Delhi
Hi Chaitali,
U can start the deduction of PF in case of excluded employees(i.e. above 6500/-) now.
First of all pl decide with your employer about the contribution paid by him i.e. upto Prescribed limit or on entire pay.(basic +d.a.)
There after U have to deduct 12% from the pay and employer has to contribute as decided.
Pl also fill up Nomination Form No 2 and also submit the joint declaration to PF authority (employee's as well as employer's) as per para 26 of the EPF Scheme. Kindly contact me for any further help.
My email id is
Regards H.R.Shah
U can start the deduction of PF in case of excluded employees(i.e. above 6500/-) now.
First of all pl decide with your employer about the contribution paid by him i.e. upto Prescribed limit or on entire pay.(basic +d.a.)
There after U have to deduct 12% from the pay and employer has to contribute as decided.
Pl also fill up Nomination Form No 2 and also submit the joint declaration to PF authority (employee's as well as employer's) as per para 26 of the EPF Scheme. Kindly contact me for any further help.
My email id is
Regards H.R.Shah
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Employees' PF Appellate Tribunal Procedure Rules 1997.pdf
Procedure of PF.xls