Employer deducts the PF based on the actual PF wages of the employee and provides an equal contribution. However, the employee is requesting to restrict the PF wages to 15,000 for PF contribution. Is there any form that needs to be filled out?
From India, Gurgaon
Acknowledge(0)
Amend(0)
From India, Gurgaon
Acknowledge(0)Amend(0)
The law requires the company to deduct and pay PF up to a salary ceiling of ₹15,000 per month. It does not prevent higher contributions, but the same must be by the consent of the worker. If the employee no longer wants to contribute more, a simple letter as a request is enough; there is no specified form. However, if the PF scheme itself stipulates that it will be based on the full salary (which often occurs with companies having their own PF Fund), the option to reduce the contribution may not be available. You need to verify the same.
From India, Mumbai
Acknowledge(1)Amend(0)
2508From India, Mumbai
Acknowledge(1)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.
EPF-Circular-da ted-23-May-2011 -Splitting-of-M inimum-Wages-fo r-the-Purpose-o f-PF-Contributi on-Not.pdf