Can anyone suggest me regarding this doubt... An employee getting more than Rs 6500/- is an exempted employee under the PF Act. However, an employee getting Rs. 300 per day, is he exempted under the act?
From India, Bengaluru
From India, Bengaluru
As per The EPF & MP Act 1952, employees whose basic salary is more than Rs. 6500/-, then the employer can give a contribution to PF for those employees on Rs. 6500/- only, even if their basic salary is more than Rs. 6500.
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Is the employee getting more than Rs 6500/- considered an exempted employee under the PF Act? What about an employee getting Rs 300/- per day?
From India, Patna
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Is the employee getting more than Rs 6500/- considered an exempted employee under the PF Act? What about an employee getting Rs 300/- per day?
From India, Patna
Hi, I am satyanarayana , please suggest me regarding PF calaculation and how it have to calaculate weather on basic salary or on grass salary
From India, Hyderabad
From India, Hyderabad
Yes, the employee's salary of Rs. 300.00 per day will be calculated monthly (300 multiplied by 26 days in a month).
Rs. 7800.00 is the exempted wage/salary for PF contributions.
Form No. 11 and Employee Status
Collect Form No. 11 to confirm whether the employee was an excluded employee before being appointed at a covered establishment.
The employee was previously covered under the EPF. Contributions should continue to be paid for Rs. 6500 per month.
From India, Bengaluru
Rs. 7800.00 is the exempted wage/salary for PF contributions.
Form No. 11 and Employee Status
Collect Form No. 11 to confirm whether the employee was an excluded employee before being appointed at a covered establishment.
The employee was previously covered under the EPF. Contributions should continue to be paid for Rs. 6500 per month.
From India, Bengaluru
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