EPF eligibility - basic salary.. CiteHR
CiteHRCiteHR
 
HOME RISE NEW TEAM →|
Home > CiteHR > New To The Forum?

sganga Started The Discussion:

Dear Sir

I want to know that what is the parameters for membership in PF scheme.

If any Company registered with EPFO, Is it necessary that to deposit the PF of all employee.
IF employee drawing basic salary more than Rs. 6500/- is necessary to join membership in PF.

Pl. give answar of the above, for which I shall be highly thankfull.

Regards

Sudhir

arun bhardwaj -  Member Since: Jul 2008
1. if an organisation has 10 or more employees it has to be registered with EPFO

2. p.f is calculated as 12% of basic + da upto limit of 6500/- only and any employee can volunatary contribute additional 18% of his basic + da but the employer is not liable to make cont over the statutory limit of 12%

malikjs -  Member Since: Nov 2007
dear if company is registered under PF than employees whose basic+DA is less than 6500 at the time of joining are required to be made member of PF. regards j s malik

IOFFACTORY -  Member Since: Jul 2008
Dear Mr. Malik,

We need to get registered with PF voluntarily. Can you please let me know the Rule/Section under which it is mentioned that at the time registration it is required to made members only those who are drawing BASIC+DA less than Rs. 6500/-. If any one who is drawing more than Rs. 6500/- can be a member voluntarily ?

Your immediate reply is highly appreciated.

Mohandas




 
 
 
 





POSTING RULES OF CONDUCT
  • Do not post anything derogatory about any company or person.
  • Sharing articles from other websites should be done by posting a link to the original article.
  • To discuss sensitive issues create a pseudo/anonymous account.
  • Please avoid repeat posting your company profile - such accounts are removed automatically.
  • Found This Useful? +Vote Up This Via Google.  

    Why Vote? User validation is extremely important for good content to prosper.
    Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.



    3M Users, 100K+ Documents & 450K+ Discussions

    Share »


    Cite.Co helps people come together to solve each other's problems on all aspects of professional life.
    Community Support & Professional Insights. Login or Register.
    Email/Username    
    Password  

    About Us - Advertise - Contact Us - RSS   On Google+  
    All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
    Privacy Policy | Disclaimer | Terms Of Service
    Facebook Page | Follow Us On Twitter | Linkedin Network