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sanjeev.kumar0567
Dear All,

If an employee basic salary is increased from 14,000 to 16,000. His was EPFO contribution is being deducted from his previous basic salary. Now the question is after increase in his basic salary he will be a member of EPFO or not. If It is please share me the EPFO notification or guidelines.

As per Act Employer will pay his contribution till Basic + VDA is Rs 15000.

From India, Gurgaon
drsivaglobalhr
309

Dear Colleague,

It operates as per Clause 26A of the EPF Scheme 1952. Yes a member once covered to continue as member untill he withdraws his PF. However you can restrict the PF contribution in respect of such employees to INR15,000/- which is very well allowed under the Provisions.

26A. Retention of membership

(1) A member of the Fund shall continue to be member until he withdraws under paragraph 69 the amount standing to his credit in the Fund or is covered by a notification of exemption under section 17 of the Act or an order of exemption under paragraph 27 or paragraph 27A.

- He will be a member of PF
- PF Contribution can be restricted to INR15,000/-

From India, Chennai
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