EPF Ceiling Limit

hai Brinda,
there are various calculation to be adopted as per your co policies
1 in case of 1st employment and in case of his salary is rs.6501 & above, he may be covered or can make contribution to epf. in case of execluded employee, obtain form 11.
2 in case of his salary is more than rs6501/-
he may contribute for the full basic (both EYER & EYEE) or
he may restrict to 6500 as E.YEE & E.YER or
he may contribute to the full basic & the E.YER restrict to rs.6500
at any case his contribution to be Pension (EPS) can not exceed rs.541 or 8.33%
if you have doubt pls call on 9894752227

If Mr. A who is working is XYZ Co. and contributing PF. After resigning from XYZ Co. Mr. A Join ABC & Co. with basic more than Rs. 6500/- , is it mandatory to contribute PF in ABC & Co? or Will be exempted as Basic is higher than Rs. 6500/-.
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Is it possible not to contribute in PF when basic is 7,000/-. (in relation to above case)

If employee is getting starting salary more than Rs.6500 ,then can employer deny him EPF facility ? Please clarify.

Hi Medhana
You mean that Gorss salary more than 6500/- or basic?. If basic is above 6500/- then if he don't have PF in previous organisation then there is possibility for non contribution.

Dear Hansa,
You can withdrawal your PF. Go at your previous employer with passbook zerox & cancel cheque & fill form 19 & 10-c for pf withdrawal through your employer. If they not giving any response you may contact EPFO office directly. They will help you in your case.
Vijaysinh

Dear sir / madam
deduction of EPF is compelled to trainees also ? pls. guide us any notification or Judgement pls forward
Regards
jayasheel

Dear Rana

It is upto company policy for decuting pf on above 6500 basic fixed for any employee. In this case following are outcomes

1. Employer and Employee both pay contribution on 16000 basic i.e. 1920 * 2 (both side) + admin charges 1.61 % by employer

2. Employer restrict himself by paying contribution upto 6500 only i.e.780 + admin charge, and Employee pay/deduct contribution from full basic i. on 16000 * 12% = 1944

3. Both employee and employer contribute on 6500 basic not more than that

4. Employee and employer both do not want to contribute PF as basic limit of basic+ DA - 6500 is exceeds in this case and legal liability of employer to pay and deduct contribution, condition to that Employee should not the member of PF at the time of joining the company, otherwise once a member of PF S/he will be whole life member irrespective of rise in basic.

If it is so then fill the PF Exemption form and file it for PF officer visit purpose.

these all 4 options are legal and and practiced in industry.

I hope I made a point clear and help you.

Thanks.

Dilip

HR Manager

Dear Dilip sir,
Greetings!!!!!!!!!!
dat was a nice explanation by u ...........
but can u pls elaborate the 4th point dat u stated ................ " 4. Employee and employer both do not want to contribute PF as basic limit of basic+ DA - 6500 is exceeds in this case and legal liability of employer to pay and deduct contribution, condition to that Employee should not the member of PF at the time of joining the company, otherwise once a member of PF S/he will be whole life member irrespective of rise in basic.
If it is so then fill the PF Exemption form and file it for PF officer visit purpose."
looking forward for ur reply soon ..................

Dear Sir,
YES. It is correct. PF ceiling limit is Rs.6500/-in a month. But if Employer wants to pay contribution
without any ceiling, there is no bar. It can be done.
D.Gurumurthy
LL.HR.IR.Consultant,
Hyderabad.

can any body tell me which amount will be considered for administrative charge(1.10%) in case of basic+da>6500/-
ral