Dear friends, Someone please clarify that if you are already subscribing to EPF and then you pick a new job where they don't deduct your EPF as you have crossed the salary limit of Rs.15000/- Is it in order?
When you join a new company under PF Act, they should give you PF Form 11 (revised) to fill up irrespective of your basic salary. This is required as per PF act once you are a member of PF you will continue to remain member i. e. if you have not withdrawn your earlier company PF. But they will contribute only Rs. 1800 = 15000*12%. Unlike pension scheme, there is no retirement age under PF.
Dear Shrikant
Thanx for the reply. What if the PF amount has been withdrawn and then one joins another company with a basic salary of more than 15000
Also please tell me the relevant Rule
Regards
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