Irfa717@gmail.com
If employee standard basic is more than 15000 and his earned basic is less than 15000 then pf should be calculate on earned basic or earned gross minus HRA
From India, New Delhi
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Madhu.T.K
Industrial Relations And Labour Laws
Sanjayjoshi200
Senior Hr Executive
Bhuvnesh-rajput
Hr Proffessional

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bhuvnesh-rajput
Dear,
The first eligibility criteria for becoming a PF member requires wages should be up to 15K per month(Excluding HRA).
However, if the basic wages are more than 15K then the employer has the choice of whether to contribute or not on his PF part.
In case, the employer doesn't contribute then an employee can voluntarily choose to contribute towards PF.
If an employee is covered under PF and later his wages crosses 15k ..then he remains PF member but contribution attract on 15K ceiling. or If employer wishes to continue him as PF memeber despite of getting wages more than 15K then there is no restriction.

From India, Delhi
Madhu.T.K
3735

I believe that by "earned basic" you mean that the amount of basic salary earned in the month of joining due to reason that the employee should have joined some time after 1st day of the month and the salary for one whole month is not payable. In such situation you can apply the theory of notional wages. Notional wages is the wages an employee would have earned had he been employed for the whole month. If the notional wages exceed Rs 15000, you can exclude the employee from the coverage of PF.

In the case of employee whose notional wages is less than Rs 15000 and thus not an excluded employee, his contribution shall be remitted on the basis of his actual earned wages only. If you do not take HRA, you can exclude it but contribution should be on actual earned salary less HRA ( for the actual period)

From India, Kannur
sanjayjoshi200
Ensure to conduct minimum 01 Employment Engagement Activity
From India, Bangalore

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