Saswatabanerjee
Partner - Risk Management
Jeevarathnam
Sr. Manager Hr/admin
Loginmiraclelogistics
Asso.prof.(commerce & Management) Pg
Srinath Sai Ram
Hr Manager
Nurmahmad H Dhuka
Hr Executive

Dear All;
Thanks calling me Dhuka,
I have one query regarding PF.
If employee joined with 30,000 basic salary. He has no any previous pf account number so he is called new employee so how to cut epf and eps as per pf rules after 01.09.2014.
Please needfull for the same.
7th April 2017 From India, Ahmedabad
Hi
Your query is not clear.
If you hire any employee who are not earlier member of EPF & if the basic is above 15000/- then he/she is exempted from EPF. If still you need to provide EPF benefits the both 12% of EE 7 12% of ER need to be contributed to EPF only. No EPS contribution
7th April 2017 From India, Bangalore
Dear
Thanks
My query is that if new joined employee withdraw all pf amount from his previous pf account number and he do not want to saw his previous pf id with me and i fill up his Form no 11.
So above case he has more than 15000 basic so how to bifurcate epf and epf.
Thanks
8th April 2017 From India, Ahmedabad
PF Form No 11(New) has to be filled by the Employee/Member, not by the Employer.What do you mean by-so how to bifurcate epf and epf.please frame your question correctly
8th April 2017 From India, New Delhi
Dear All;
Yes Form 11 fill up by employee and employer keep it with him. But my question is if employee joined with 24000 basic and he is declare that i am new employee and i have no previous pf account number means he is withdraw his previous pf from his previous pf account and he is new employee but he want to cut pf 24000 basic. So how to cut pf and eps as per rules of after 01.09.2014 for new employees. Can he become pension member or not?
10th April 2017 From India, Ahmedabad
For new Employees becoming First time members, you can restrict EPF Contributions to rs15,000/- (@12% i.e. Rs1,800/-) Consequently, he becomes member of EPS on EPS Wages of rs15,000(@8.33& i.e. rs1,250/-)
Though Employee Basic wages is more than rs15,000/- you can restrict to the EPF & EPS Wage ceiling as on date i.e Rs15,000/-
10th April 2017 From India, New Delhi
Dear Dhuka,
You are not fully clear. One thing is for sure, he was working elsewhere and was a member of EPF and he withdrew all the credit when he left. While joining with you he stated in his Form 11 that was a fresher. If you treated him thus in 2014 (presumably his DoJ) where is the question of Form 11 ??. Am I correct. Incidentally, you are asking this query for action which was due on 1.9.2014, after so much of delay. What you were doing and what you did in this case. Now it's illegal to recover the past difference as arrears both the employer's as well as employee's contribution and interest due thereon on your co's debit. Then only you will get the appropriate guidelines.
11th April 2017 From India, Bangalore
Dear Sir; I have only one question can he become pension member? If employee want to cut pf more than 15000 basic.....
11th April 2017 From India, Ahmedabad
He can not become member of EPS by virtue of his EPF Wages being more than rs15,000 & becoming PF Member Fresh
11th April 2017 From India, New Delhi
Your questions are not clear unfortunately even after everyone else has asked.

Still, let me try and answer them.

If the employee now wants to be a PF member, he can do so.

The exemption from PF at 15000 basic is at option of employee not employer.

So, he can now join as a member of PF and by law you are then required to deduct PF at 12% of his basic or 12% of ₹15000, whichever lower. If he wants to contribute a higher amount, that would go as voluntary PF. It can be any amount he wants not exceeding 50% of gross wages (this restriction is in sec 6 of payment of wages act, not in PF act)

Employer needs to give 12% of basic or 12% of ₹15000 as his contribution irrespective of how much higher voluntary PF contribution the employee is making.

All the money will be credited to his PF account and nothing to his pension account as he is not eligible for PF
4th July 2017 From India, Mumbai
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