Understanding EPF Coverage: Do Employees Earning Over 15,000 Need PF Deductions?

Dear Seniors,

Please clarify my doubts regarding EPF calculations.

Case a)
An employee with first-time employment whose EPF wages (Basic+DA) are more than 15,000. Shall I be covered under EPF? If yes, why? I need a supporting document or statement.

Case b)
An employee with existing membership of EPF, who joined a new company with EPF wages exceeding 15,000. Shall I be covered under EPF? If yes, why? I need a supporting document or statement.

Case c)
An employee with a withdrawn account due to non-employment for 3 months, withdrew money from the EPFO, and joined a new company with EPF wages exceeding 15,000. Shall I be covered under EPF? If yes, why? I need a supporting document or statement.

I would appreciate an update on the above doubts with relevant proofs.

Look forward,
Kishore Tholana
[Phone Number Removed For Privacy-Reasons]
[Phone Number Removed For Privacy-Reasons]

You seem to be unaware of PF-related formalities when a new employee joins. You have to ask the new employee to fill out Form 11. Based on the information provided, make a decision. Please refrain from posting hypothetical questions.

I believe you didn't understand my question. Well, I am aware of Form-11; this is for your information. My question pertains to the three cases mentioned above, and I need to substantiate them with relevant proofs to present to my auditors. For example, I require a similar notification that outlines the procedure to be followed, such as EPF wage enhancement from 6500 to 15k. In this case, it does not imply that I am unfamiliar with the process, but rather that I require supporting evidence for the statements to satisfy my auditors.

I am looking forward to suitable solutions without deviating from the topic. Thank you, Mr. Shrikant, for your contributions.

You need not cover an employee with no previous EPF membership under EPF whose entry EPF wages are more than the ceiling of Rs15,000. However, please note that EPF is a beneficial legislation, and there is no harm in covering him under EPF at least up to the ceiling, i.e., Rs15,000. What is your company policy?

Once covered under EPF, the member will continue to remain a member until he withdraws his PF accumulations. Even if an EPF-covered employee's EPF wages increase beyond the ceiling of Rs15,000, contributions should still be paid. There is no harm in paying based on actual EPF wages.

For your question number 3, please refer to the reply provided in Sl #1. The employer must obtain EPF Form #11 (new) and act according to the information provided therein, as pointed out by the honored member Mr. Srikant. Furthermore, it is surprising that your auditors are not aware of the EPF Act. The EPF wage ceiling was increased to Rs15,000 from September 2014.

Regards

Dear Srinath Sai Ram,

Please explain to me about Form 11 in EPF. What is it?

Dear Anamika,

Please let me know your knowledge level in PF and your position in the HR department. Meanwhile, please find EPF Form No 11 to be obtained from all employees joining the establishment. The said form is readily available on the site. It appears you have limited time; therefore, for your quick reference, please find the same.

EPF Calculation Clarifications Needed

Please clarify my doubts below regarding EPF calculations.

Case a) An employee with first-time employment whose EPF wages (Basic + DA) are more than 15,000. Should I cover them under EPF? If yes, why? I need a supporting document or statement.

Case b) An employee with existing membership of EPF who joined a new company and whose EPF wages crossed more than 15,000. Should I cover them under EPF? If yes, why? I need a supporting document or statement.

Case c) An employee with a withdrawn account due to non-employment for 3 months, hence the money was withdrawn from the EPFO, and joined a new company with more than 15,000 of EPF wages. Should I cover them under EPF? If yes, why? I need a supporting document or statement.

I would appreciate an update on the above doubts with relevant proofs.

Look forward,
Kishore.G
[Phone Number Removed For Privacy-Reasons]

Dear All Seniors,

Please clarify my doubts regarding EPF calculations.

Case a: First-time employment with EPF wages over 15,000

An employee with first-time employment whose EPF wages (Basic + DA) are more than 15,000, shall I be covered under EPF? If yes, why? I need a supporting document or statement.

Case b: Existing EPF member with new company and wages over 15,000

An employee with existing membership of EPF, who joined a new company, and whose EPF wages exceeded 15,000, shall I be covered under EPF? If yes, why? I need a supporting document or statement.

Case c: Withdrawn account and new employment with wages over 15,000

An employee with a withdrawn account, due to non-employment for 3 months, hence the money was withdrawn from the EPFO, and joined a new company with more than 15,000 of EPF wages. Shall I be covered under EPF? If yes, why? I need a supporting document or statement.

I would appreciate an update on the above doubts with relevant proofs.

Look forward,
Kishore.G

[Phone Number Removed For Privacy-Reasons]

EPF Calculation Clarification Needed

Please clarify my doubts regarding EPF calculations below.

Case a: First-Time Employment with EPF Wages Over 15,000

An employee with first-time employment whose EPF wages (Basic + DA) are more than 15,000 – should I be covered under EPF? If yes, why? I require a supported document or statement.

Case b: Existing EPF Membership with New Company and Wages Over 15,000

An employee with existing EPF membership who has joined a new company where the EPF wages have exceeded 15,000 – should they be covered under EPF? If yes, why? I need a supported document or statement.

Case c: Withdrawn EPF Account and New Employment with Wages Over 15,000

An employee with a withdrawn EPF account due to non-employment for 3 months, who then joined a new company with EPF wages exceeding 15,000 – should they be covered under EPF? If yes, why? I need a supported document or statement.

I appreciate an update on the above doubts with relevant proofs.

Regards, Kishore.G

[Phone Number Removed For Privacy-Reasons]