Query regarding EPS Amendment (2014) for a fresh new employee - CiteHR
Honeyanshi
Vice President (hr&ir)

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Dear Sir/ Madam,
As per the EPS amendment (2014) a fresh employee joining on or after 01/09/2014 will not be eligible for EPS if his/ her Basic+ DA is more than Rs. 15,000/- but existing member can still contribute towards EPS subject to maximum deduction on basic salary Rs. 15,000/-. but my question is that a fresh employee's basic was Rs. 14,000/- at the time of joining (DOJ- 01/12/2014). That time he was eligible for EPS as per amendment. Presently his basic salary has been increased to Rs. 16,000/-. Will he still be eligible to continue EPS subject to maximum deduction on Rs. 15,000/- ?

Of course continue ... even join in other concern den also
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