PF - Employee Pf [Thread 418274] - CiteHR
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Query Regarding Employee PF exemption drawing salary > 6500
for Example
if an employee drawing Rs.3000/- means is he is eligible for PF...pls Explain me..I am awaiting for a response from you all....

An employee is eligible for membership from the day he joins the company who has enrolled for EPF Scheme
If an Employer has equal to or more than 20 employees, it is mandatory for him or to join the Employee Provident Fund Scheme.
If the employee’s emoluments exceed Rs. 6,500/- per month, he has the option to join the Scheme(s) with the consent of employer.
Declare previous employment details, if any, in Form No. 11 to the employer.
On becoming a member of the Schemes file details in Form No. 2 ( family particulars/ nominations) through the employer.
Rate of contribution payable by a member shall be @ 12% of his emoluments.
A member can contribute statutorily over and above the prescribed rate.

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™