New and fresh employee wages previously he was not working (Basic +DA) more than 15000/- he was not interested to be covered by EPFO , he was giving form 11 for exempted from epfo is it acceptable
From India, Bengaluru
From India, Bengaluru
Hi,
If the new employee is already a member of EPF Scheme then the employee will continue to get PF benefits. However if the new employee is not a member of PF scheme and if his /her PF Wages is greater that Rs.15,000/- such employees can be excluded from PF. Form 11 to be collected for the same.
From India, Madras
942If the new employee is already a member of EPF Scheme then the employee will continue to get PF benefits. However if the new employee is not a member of PF scheme and if his /her PF Wages is greater that Rs.15,000/- such employees can be excluded from PF. Form 11 to be collected for the same.
From India, Madras
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Minimum Wages Basic-DA.xls
Basic+DA 28_10_2010-MW Maharashtra.pdf