Sir Can an employee drawing more than 25000 basic, request the management that he is not willing to be a member of EPF scheme and can it be permitted?
From India, Nagpur
Hi, You must deduct PF Ceiling amount Rs.15000/- as per act. otherwise you will be penalised.
From India, Bangalore
Dear Suresh, Please check whether the employee is an excluded employee as per PF & Misc.act or not. Has he submitted Form-11 and check the status.
If he is not an excluded employee , then you will be required to deduct PF up to 15,000/- basic . Otherwise you may consider him as excluded employee and no need to deduct PF.

From India, New Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.