New Pf Registration Doubt?? Plz Revert Back!!

SASHMITA
Dear CiteHR members,
Kindly clear one doubt, we are about to get new pf no. registered for our organisation, now the query is -- is it possible if an employee seeking transfer of pf no. to ours.. and is getting his pf amount deducted.. is it possible to contribute more amount in the pf organisation on behalf of an employee regardless of new organisation registration..
Plz clear the doubt ??????
:( :( :( :(
Regards,
Sashmita
SASHMITA
Hi Octavious,
Thanks for the response, my doubt remains the same, assuming that we have got ourself registered in Feb 08 and would be depositing pf on employee's behalf, wherein the maximum deduction is 12%, if we deduct more than that, do we need to show it in voluntary contribution, and if yes, is it going to be same throughout or can be voluntarily withdrawn..
secondly,, those who want to get their pf no. transferred, is it possible to show gap of 5 months in the 3-A form, is it acceptable to the pf organisation.
:roll: :roll:
:roll: :roll:
Sashmita
octavious
HELLO,
FOR SUCH INDEPTH DETAILS YOU WILL HAVE TO TALK TO A PF CONSULATANT, AS THIS ARE NOT LEGAL BUT MORE OF OPERATIONAL QUERIES, AND A PERSON WITH OPERATIONAL EXPERTISE IN PF CAN HELP YOU,
YOU MAY FIND LOTS OF PF CONSULTANT ON THIS CITE, PLEASE DO APPROPRIATE SEARCH
THANK YOU
OCTAVIOUS
SASHMITA
Dear Members,
I am still looking for response to clarify my doubts????///
Regards,
Sashmita
rajeevdixit
Hi sasmitha,
Let me tell you , you have to deduct only upto 12% of
employee's contribution.no more then that.
this is clear.
12% of employer and 12% of employee.
regards
Rajeev Dixit
[Login to view]
...........................................
tsivasankaran
Your first query is as under

Clarifications

1. Date of coverage is the sate from which you need to deduct. If the date of coverage is decided as Feb 2008 and you get registered, then deduction at 12% need to be made

2.You talk about employees contribution only. from this date Emp[loyer need to make his contribution from this date.

3. Why do you deduct more? on his willingness and are you doing it yourself. If you are doing it yourself then it is illegal

4. If the employee wants to contribute more, he can. He jhas to give a letter requesting you to deduct a certain percentage everymonth.this is called Voluntary contribution Total contribution by an employee to the fund cannot exceed 20% When you deduct 12%, then the voluntary contribution can be a maximum of 8%

5. Employee can contribute less as well

6. I am not sure of the latest position, Employees can contribute a bfixed amount also everymonth provided the amount does not exceed 8 or 10%

7.If I am correct, only once in a year , an employee can give request and he can not stop it in between Unless he gives a letter stopping it, deduction will continue

8. Check on the numbver of times with the PF Office

9. He can not withdraw this It gets added as employees contribution and will be taken for calculation for loan purposes

10 The amount so paid can not be withdrawn seperately

11. Request can be voluntarily withdrawn

I hope I have answered to some extent. the first quesry

The seconds reads as under

You can show a gap.Reasons like not employed or employed in uncovered organisation need to be told Otherwise no issues in showing the gap

\

Siva
SASHMITA
Dear Siva,
Thanks a ton, for clarifying the most awaited doubt.
And also would like to thank you again on updating the information about the voluntary contribution by an employee which is of great help to me and am sure, to citehr members.
Thanks & Regards,
Sashmita
tsivasankaran
Dear sashmita
You are welcome
But I have not answered fully Number of times the request can be given etc is an administartive issue and I have not got myself updated on these araea Cheack with PF office
Siva
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute