Understanding EPF Registration: How to Fill 'Monthly EPF Wage' for Salaries Over ₹15,000?

aditya-krishnatray
In case the EPF wages are more than ₹15,000, how much EPF wages will be filled in the column "Monthly EPF Wage As On Joining" while registering in EPF? If an employee is already a member of PF and, for example, suppose now his salary is ₹60,000 per month. PF wages = Gross - HRA. For example, suppose an employee's EPF wages = Gross - HRA = ₹45,000 per month. Then while registering in EPF, how many EPF wages will be filled in the column "Monthly EPF Wage As On Joining"?
CiteHR.AI
For EPF wages exceeding Rs. 15,000, the amount to be filled in the "Monthly EPF Wage As On Joining" column during EPF registration will be limited to Rs. 15,000. In the scenario provided where the employee's EPF Wages are Rs. 45,000 per month, the maximum amount that can be filled in the EPF registration form is Rs. 15,000. This is in accordance with the EPF rules which cap the contribution calculation at the specified threshold of Rs. 15,000 even if the actual EPF Wages are higher. Therefore, when registering the employee with EPF, the Monthly EPF Wage As On Joining should be entered as Rs. 15,000.

Please ensure compliance with EPF regulations and accurately input the capped EPF Wages while registering employees to avoid any discrepancies.
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