Good afternoon All, I have some query about EPF. My current company is sharing the Employer amount but not sharing the EPS amount. That means total amount is going into my saving amount. When I raised the query, the clarification came out from them " from 2014, who has been joined on EPF there is no pension contribution." Please clear me.
From India, Cuttack
3From India, Cuttack
Hello,
As per employee Basic salary is above Rs.15000/- PM in his first employment, in this case pension is not applicable to him. once he become a PF member in his earlier company it necessary to continue PF and Pension deduction on Rs.15000/- in new company even his salary is above Rs.15000/- PM
Thanks
Ashok B
From India, Mumbai
As per employee Basic salary is above Rs.15000/- PM in his first employment, in this case pension is not applicable to him. once he become a PF member in his earlier company it necessary to continue PF and Pension deduction on Rs.15000/- in new company even his salary is above Rs.15000/- PM
Thanks
Ashok B
From India, Mumbai
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#Subject List: pension fund pf account pension scheme Country-India City-India-Cuttack
EPS.DETAILS OF PENSION SCHEME.docx
EPS Raised age limit under pension scheme from 58 to 60 (1).pdf
