Korgaonkar K A
Assistant Engineer, Indian Telephone Industries,
Form 11New (EPF) plays very important role in deciding whether the new entrant has to be taken into PF or not.
This form is to be taken from every new entrant and on the base of this form the company has to give correct treatment on the enrollment of PF. If the new entrant is a member of PF in earlier employment, the company has no option but to enroll him under PF even his basic salary is more than 15K. This subject is discussed here many times and this is a basic thing each every HR must know.
2nd September 2015 From India, Mumbai
If a new employee ( drawing basic above 15,000) is not a member of EPF and does not want to join EPF , then should employer forcefully enroll him ? What is in best interest of both ? As new rule is coming that employee cannot withdraw 25% until age of 58.
3rd September 2015 From India, Hyderabad