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Search for "Reg Voluntory Higher Rate Employees Pf Contribution"


Pf contribution rate - a 10% contribution rate is applicable to an organization with less than 20 employees?
Hello members we are an organization with less than 10 employees since inception till date. we had voluntarily opted for pf in 2016 and since have been contributing 12 pf. as per the contribution rate specified on epfo website a 10 contribution rate is applicable to an organization with less than 20 employees. we just recently learned about this and hence would like to ask if we can henceforth contribute 10 and not 12.
Pf claim rejected with reason 'rate of contribution is higher than prescribed'
My epfo pf claim is rejected with the following two reasons: 1 rate of contribution is higher than prescribed 2 photocopy of bank passbook not attested by authorised signatory i am doing voulantary pf 2000 every month from past 1 and half years. is this the reason for first point? what should i do to resolve this? i have attached cancelled cheque with clear bank account number name and ifsc code but not sure still why they have mentioned second reason? can anyone pls carify?
Promotion system - what be the most suitable promotion rate?
Dear all thank you for your kind contribution. i would like professional assistance on what be the most suitable promotion rate. thinks to consider: 1: the system of promotions are by positions only therefore no employee shall be promoted at the same position he or she must be qualified to be promoted to higher position/title with higher salary rate. 2 the system of promotions is by competition. therefore a position must be advertised. 3 turnover rate & promotion rate 2019: turnover rate: 5 promotion rate 3 2020: turnover rate: 6.5 promotion rate 3.5 my questions are the following: based on the data and the system of promotion mentioned above what is the most appropriate promotion rate in this case ? if i would like to put a percentage cap for promotions to each department do i take the percentage form the total of vaccines in each department or the number of employees in the department? thank you for your help and kind efforts.
Provident fund employer contribution waiver for new employees and reduction in contribution rate to 8% from 12 % for female employees
Hi. i am working with a hospital in bangalore and seeks clarification on the waiver being given by government for new employees wherein employer contribution is being paid by the government for three years and in case of new female employees contribution rate has been reduced from 12 to 8. i seek clarification on this and would appreciate to get the latest pf circular on these changes.
Reg pf limitation........
Hi to all can anyone clear my doubt abt i know the pf contribution and ceiling amount 6500/ plz mention any updation in this amt? but is there any minimum or maximum amount of contribution for example if the person getting more than 6500/ means its optional for pf contribution right whether the same percentage 123.6715.67 for all employees or any limit in this please mention for which type of industries/comapnies/organisation is covered under pf act? or is it compulsory to all industries
Is there any changes in pf contribution rate for the month of march 2020?
Dear gentlemen / women is there any changes in pf contribution rate for the month of march 2020. during covid19 when and which month contribution rate s are changed and effective. please provide the recent circular.