Dear sir/madam,
Question 1: Which employees are excluded employee under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.
Answer: An employee whose salary (BASIC+DA) at the time of entry into EPF Scheme more than Rs.15,000.
Once employee will be a member of EPF, then employee must have to continue in EPF (irrespective of salary hike). And EPF membership continues even after one’s salary crosses Rs.15,000 pm
One employee will join in our company.
His (BASIC+DA) will be more than Rs.15,000 at the time of joining
He is a member of EPF in his previous company.
He has PF Number and UAN Number which has given by his previous company.
Now my query is that
1.Is he excluded employee under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 even though he is a member of EPF in his previous company
2.Is he included employee under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, even though his (BASIC+DA) will be more than Rs.15,000
3. Is he eligible for mandatory EPF contribution (compulsory EPF contribution) even though his (BASIC+DA) will be more than Rs.15,000
4. Is he eligible for Voluntary Provident Fund (VPF)
Please clarify
Thanks with Regards,
T.Thirumurugan.
Question 1: Which employees are excluded employee under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.
Answer: An employee whose salary (BASIC+DA) at the time of entry into EPF Scheme more than Rs.15,000.
Once employee will be a member of EPF, then employee must have to continue in EPF (irrespective of salary hike). And EPF membership continues even after one’s salary crosses Rs.15,000 pm
One employee will join in our company.
His (BASIC+DA) will be more than Rs.15,000 at the time of joining
He is a member of EPF in his previous company.
He has PF Number and UAN Number which has given by his previous company.
Now my query is that
1.Is he excluded employee under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 even though he is a member of EPF in his previous company
2.Is he included employee under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, even though his (BASIC+DA) will be more than Rs.15,000
3. Is he eligible for mandatory EPF contribution (compulsory EPF contribution) even though his (BASIC+DA) will be more than Rs.15,000
4. Is he eligible for Voluntary Provident Fund (VPF)
Please clarify
Thanks with Regards,
T.Thirumurugan.