Hello , I have a query regarding pf,can we excempt employee if his basic increases above 15000,by filling form 11?
From India, Trichy
Acknowledge(0)
Amend(0)
From India, Trichy
Acknowledge(0)Amend(0)
Dear Omkar909, If the employee is already registered with EPF, PF membership has to be retained till the end of employee’s service. Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
530From India, Bangalore
Acknowledge(0)Amend(0)
No, once you started contributing EPF towards any particular employee, you can not stop contribution even after his wages crosses the 15,000 limit.
From India, Lucknow
Acknowledge(0)Amend(0)
From India, Lucknow
Acknowledge(0)Amend(0)
Yes, what Mr. Radhakrishna said is correct. Once covered, an employee cannot be exempted from PF, even though he is drawing more than ₹15,000. If you hire a fresher on a salary of more than ₹15,000, you can exclude him since he was not covered under PF before joining you.
I think you got it.
Giri
From India, Hyderabad
Acknowledge(0)Amend(0)
I think you got it.
Giri
From India, Hyderabad
Acknowledge(0)Amend(0)
Under a special condition as per the PF Act, a member whose basic is above Rs. 15,000 and gross monthly salary is above Rs. 100,000 cannot be a member of PF and will be treated as an "excluded employee."
J.B. Panda
From India, New Delhi
Acknowledge(0)Amend(0)
J.B. Panda
From India, New Delhi
Acknowledge(0)Amend(0)
The above statement not seems to be correct. Kindly quote the provision (under which section or clause ?). Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
From India, Bangalore
Acknowledge(0)Amend(0)
Please refer to FAQs No. 49, WC 13 on the EPFO website, which states as follows:
"In cases where the gross wage of an employee is more than Rs. 1,00,000/- per month and the basic is more than Rs. 15,000/- per month, he cannot be a member of the fund and thus be treated as an excluded employee."
From India, New Delhi
Acknowledge(0)Amend(0)
"In cases where the gross wage of an employee is more than Rs. 1,00,000/- per month and the basic is more than Rs. 15,000/- per month, he cannot be a member of the fund and thus be treated as an excluded employee."
From India, New Delhi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
PF EXCLUDED EMPLOYEE DECLATION.doc
Calcu. pf Emp.eps.epf sample sheet for HR site..xls