Understanding Form 11 for Employees
Form 11 indicates that if an employee receives a salary above ₹15,000, it is not compulsory to deduct Provident Fund (PF) if the employee is not interested in it. Upon joining, the employee should fill out Form 11 and submit it to the employer. In the event of any PF audit conducted by PF Authorities in the future, Form 11 must be submitted.
However, if the employee is interested in contributing to the PF, the employer must deduct a minimum of ₹780 from the employee's contribution, and the employer has to pay ₹885.
Regards,