Dear Team, If the Basic Salary of the employee is more than 6500+ and he doesn't want to deduct PF or didn't want to Provident Fund Facility.
Is any form for Undertaking or what is the procedure? Please help.
Mathu
From India, Thana
6Is any form for Undertaking or what is the procedure? Please help.
Mathu
From India, Thana
Dear Mathu,
If an employees has Basic + DA is more than Rs. 6500 then if employee & employer wants not to deduct his PF he can. The only way is to fill up form no. 11 & same is also intimate to PF office.
With Regards,
Vineet Deshmukh
From India, Yavatmal
If an employees has Basic + DA is more than Rs. 6500 then if employee & employer wants not to deduct his PF he can. The only way is to fill up form no. 11 & same is also intimate to PF office.
With Regards,
Vineet Deshmukh
From India, Yavatmal
Dear Pons & Vineet, Thanks for your quick response. I want a "Declaration Form" from Employee side or any other relevent form which can use my officially. Mathu
From India, Thana
From India, Thana
Dear Mathu, As per your requirement please find the attachment. With Regards, Vineet Deshmukh
From India, Yavatmal
From India, Yavatmal
But keep in mind if any one is already member of PF scheme in that case >Rs.6500 can not be avoided Jagdish Yadav 9358147022 Mussoorie
From India, Delhi
From India, Delhi
I endorse the views of Mr. Yadav. In my view-
If a person was having EPF membership in his earlier employment before joining new estt., and has not withdrawn the benefits, then new employer is statutorily bound to continue his membership irrespective of salary limit in new estt.
There is no option to employee or employer for not continuing the membership in such a case.
A K Chandok
RPFC (Retd.)
<link no longer exists - removed>
From India, Chandigarh
If a person was having EPF membership in his earlier employment before joining new estt., and has not withdrawn the benefits, then new employer is statutorily bound to continue his membership irrespective of salary limit in new estt.
There is no option to employee or employer for not continuing the membership in such a case.
A K Chandok
RPFC (Retd.)
<link no longer exists - removed>
From India, Chandigarh
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Salary-Note.doc
SALARY SHEET CALCULATION.xls