Anonymous
80

AS PER "The Employees’ Provident Fund Scheme, 1952
1) A member of the Fund shall continue to be member until he withdraws
under paragraph 69 .
“excluded employee” mean—
(ii)an employee whose pay at the
time he is otherwise entitled to
become a member of the Fund, exceeds [six thousand and five
hundred rupees] per month;

From India, Surat
sumitk.saxena
252

Dear sir,
Greetings for the day,
Since you stated that employee has resigned and withdraw his epf accumulations & obtained scheme certificate from epfo ,he once again joined in the xyz organization. This means he has started his new job. You have to open his new epfo account and also ask him to transfer his/her eps accumulation in the new epf/eps a/c by simply filling form-11 and surrendered the scheme certificate with the form 11.
Thanks & Regards,
From,
Sumit Kumar Saxena

From India, Ghaziabad
chiragshah6001
80

New join employee salary more than 6500 than pf not compulsory
From India, Surat
azim_1607@yahoo.com
16

HiAnuja
Need help in ascertaining which formula is right in calculating Yearly Bonus and Payment / Encasement of Earned Leave. Serial Number 1 OR 2.
Bonus Formula:-
1 =(D7+D8)*8.33%
2 =(E7+E8)*8.33%+(((E7+E8)*8.33%)*1.75/30)
Earned Leave :-
1 - =SUM(D6/30)*21/12
2 =(SUM(E6+SUM(E20:E23))/30*21/12)+(((SUM(E6+SUM(E20:E23))/30)*1.75)*1.75/30).
For your information one of Contractor is asking to pay the same on Formula at Serial Number 2, Previous Contractor were asking as per Formula Number 1.
Formula 1 Consist of Gross Salary while 2 Consist of Gross Salary Plus earned leave per month as per Bombay Shops Act
Regards,
Azim

From India, Mumbai
Anonymous
Kindly suggest and highlight the factor for re-employment after superannuation?
Can we appoint an employee after next day of his superannuation? Would he be necessary to give PF and Gratuity benefits during re-employment? Appointment would be for a year and on regular rolls.
I request you to kindly give proper suggestion with references.
Regards,

From India, Delhi
msnaresh
re-appointment - URGENT PLEASE
Kindly suggest and highlight the factor for re-employment after superannuation?
Can we appoint an employee after next day of his superannuation? Would he be necessary to give PF and Gratuity benefits during re-employment? Appointment would be for a year and on regular rolls.
I request you to kindly give proper suggestion with references.
Regards,

From India, Delhi
chiragshah6001
80

if he is already a PF pensioner or has withdrawn his PF accumulations on his attaining the age of superannuation he can be excluded from EPF
From India, Surat
kvikasht
Dear Mr. Balamurugan,
I may repeat Mr. Bhalai's words. PF accounts are not perpetual accounts in terms of withdrawals and deposits, Like we do with our Savings bank account. Once the subscriber withdraws his / her name from his / her establishment's PF code, the account became inactive and is non transferable as well. that means you cant transfer one account code to two employee.
Kumar Vikash
Sr. Executive Business Administration

From India, Mumbai
gabar singh panwar
is that possible to reduce basic salary ,pl,and a lots of benefits after transferred from one location to another location which is earned during in 25 yrs .
From India, Mumbai
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