Hi guys, My name is swapnil, i wanted to know is there any provision where in an one employee can apply for Exemption from EPF contribution as entire Establishment is coverd under EPF Act?
From India, Mumbai
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From India, Mumbai
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She or he already closed her or his earlier EPF account or can submit form 11 under EPF act to do so. Kindly check at your end and revert, V.Murali
From India, Madipakkam
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26From India, Madipakkam
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If the employee:
1) having a salary basic+DA component below 15000, then exemption not available.
2) has an active UAN in previous service, then exemption not available.
3) has not crossed 58 years of age, then exemption not available.
Thank you.
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1) having a salary basic+DA component below 15000, then exemption not available.
2) has an active UAN in previous service, then exemption not available.
3) has not crossed 58 years of age, then exemption not available.
Thank you.
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I think the post will be misread. If a person is joining a company at the age of (say) 25 and does not have an existing PF account/UAN number but has a starting salary of ₹20,000, then he can claim exemption by filing Form 11.
Revised Exemption Criteria
An employee may be exempt if:
- His starting salary at the organization (or salary at the time when PF is applicable to the organization) is above ₹15,000.
- He does not have an active UAN number from previous services.
- He is more than 58 years old.
From India, Mumbai
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Revised Exemption Criteria
An employee may be exempt if:
- His starting salary at the organization (or salary at the time when PF is applicable to the organization) is above ₹15,000.
- He does not have an active UAN number from previous services.
- He is more than 58 years old.
From India, Mumbai
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Form 11 is a basic data sheet only for eligible members; it does not specify anywhere for exemption. For exemption, the employee has to express his/her option "not to be contributory" on the above three grounds in writing to the employer. After verification of the data provided in Form 11, the employer may consider the request; however, the employer must offer all employees who have not attained the age of 58 for the EPF option. The employer has no option to select the employee(s) for "exclusion" by themselves.
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