Gross salary 16000 - Is he exempted from EPF contribution?
From India, Bengaluru
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From India, Bengaluru
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It depends on certain conditions like:
1. If he is an existing member of EPF, i.e., if he was covered by EPF in his previous employment, he should be covered in the present organization as well.
2. If your establishment calculates PF on gross salary, including all allowances, then he can be excluded subject to the condition (1) above referred.
3. If your establishment calculates PF on basic pay only, or on wages less HRA and other allowances, then you have to take the basic pay alone to decide whether the employee should be excluded from the coverage or not.
From India, Kannur
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45261. If he is an existing member of EPF, i.e., if he was covered by EPF in his previous employment, he should be covered in the present organization as well.
2. If your establishment calculates PF on gross salary, including all allowances, then he can be excluded subject to the condition (1) above referred.
3. If your establishment calculates PF on basic pay only, or on wages less HRA and other allowances, then you have to take the basic pay alone to decide whether the employee should be excluded from the coverage or not.
From India, Kannur
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EPF - Pension contribution is zero WHY.jpg
Gross Salary(1).xls
Epf circular on full salary 230317 Pension on full salary as per SC order 23.3.2017.pdf
P1singhhr
Very precise description