Employee wants the salary without deduction of EPF is it Possible?
From India, Chennai
Acknowledge(1)
Amend(0)
1From India, Chennai
Acknowledge(1)Amend(0)
Yes it is set his basic salary above 15K. He will be out of EPF
From India, New Delhi
Acknowledge(0)Amend(0)
From India, New Delhi
Acknowledge(0)Amend(0)
Excluded Employee Concept under EPFO
There is a concept under EPFO called "Excluded Employee." If the employee is already a member of PF and their salary is more than 15,000/- per month (Basic & DA), then the employee will continue as a PF member. For a new employee at the time of joining, or any employee who was earlier a member of PF and subsequently withdrew their amount and closed their membership but is joining again with more than 15,000/- per month as Basic & DA, they will be considered an excluded employee.
Regards, S K Bandyopadhyay (Howrah, WB) CEO-USD HR Solutions
From India, New Delhi
Acknowledge(0)Amend(0)
There is a concept under EPFO called "Excluded Employee." If the employee is already a member of PF and their salary is more than 15,000/- per month (Basic & DA), then the employee will continue as a PF member. For a new employee at the time of joining, or any employee who was earlier a member of PF and subsequently withdrew their amount and closed their membership but is joining again with more than 15,000/- per month as Basic & DA, they will be considered an excluded employee.
Regards, S K Bandyopadhyay (Howrah, WB) CEO-USD HR Solutions
From India, New Delhi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Salary Break up - After deduction.xls
Epf circular on full salary 230317 Pension on full salary as per SC order 23.3.2017.pdf