Dear All,
If an employee basic salary is increased from 14,000 to 16,000. His was EPFO contribution is being deducted from his previous basic salary. Now the question is after increase in his basic salary he will be a member of EPFO or not. If It is please share me the EPFO notification or guidelines.
As per Act Employer will pay his contribution till Basic + VDA is Rs 15000.
If an employee basic salary is increased from 14,000 to 16,000. His was EPFO contribution is being deducted from his previous basic salary. Now the question is after increase in his basic salary he will be a member of EPFO or not. If It is please share me the EPFO notification or guidelines.
As per Act Employer will pay his contribution till Basic + VDA is Rs 15000.