Hi TM,
The answer to your question is :
1. Check PF challan and monthly return from accounts/HR. you will get to know that whether that PF has been deposited or not?
2. if it's not been done that means your employer is not depositing the money in PF. You can take legal action against your employer as it is a crime
Regards
Neha
From India, Delhi
The answer to your question is :
1. Check PF challan and monthly return from accounts/HR. you will get to know that whether that PF has been deposited or not?
2. if it's not been done that means your employer is not depositing the money in PF. You can take legal action against your employer as it is a crime
Regards
Neha
From India, Delhi
Dear Members,
Just follow PF rules, it is compulsary to deduct PF upto basic+DA(if any) 6500/-per month. Employer need to ask/consultant any employee upto 6500/- , more than 6500 is optional, but once it is deducted, neither employer nor employee can withdraw/stop.
As far as pf confirmation is concerned whether being deposited or not ? many ways to verifity it.
First, ask your employer to provide your individual PF account number, Second, as for PF slip, which is issued by
PF department every year to each employees whose PF is being deducted, Third, confirm from the bank where deposit challan are being submitted. Last but not the least, approach PRO at PF office for further clarity.
Regards,
From India, Delhi
7Just follow PF rules, it is compulsary to deduct PF upto basic+DA(if any) 6500/-per month. Employer need to ask/consultant any employee upto 6500/- , more than 6500 is optional, but once it is deducted, neither employer nor employee can withdraw/stop.
As far as pf confirmation is concerned whether being deposited or not ? many ways to verifity it.
First, ask your employer to provide your individual PF account number, Second, as for PF slip, which is issued by
PF department every year to each employees whose PF is being deducted, Third, confirm from the bank where deposit challan are being submitted. Last but not the least, approach PRO at PF office for further clarity.
Regards,
From India, Delhi
Dear Vipul,
u will find the provision of exemption from EPF by virtue of Para 2 (f) of the employees' p.f. funds scheme,1952. but it is necessary to pay attention that only new entrant those getting their basic salary or wages (basic+d.a.)more than 6500/-can enjoy the provision. old employee who is member of EPF & Exceeds his salary by having increment passes 6500/-, those should not be excluded form the ambit of the act, they remain members and deduction of PF will be on ceiling i.e.6500/-.Secondly, those who have withdrawn their PF on attaining the age of superannuation or more than 55, they also enjoy the exemption. F/11 normally used for previous epf/eps details and not for exemption.
Hope, u will understand the provision.
Regards,
KIRAN KALE.
From India, Kolhapur
u will find the provision of exemption from EPF by virtue of Para 2 (f) of the employees' p.f. funds scheme,1952. but it is necessary to pay attention that only new entrant those getting their basic salary or wages (basic+d.a.)more than 6500/-can enjoy the provision. old employee who is member of EPF & Exceeds his salary by having increment passes 6500/-, those should not be excluded form the ambit of the act, they remain members and deduction of PF will be on ceiling i.e.6500/-.Secondly, those who have withdrawn their PF on attaining the age of superannuation or more than 55, they also enjoy the exemption. F/11 normally used for previous epf/eps details and not for exemption.
Hope, u will understand the provision.
Regards,
KIRAN KALE.
From India, Kolhapur
Form - 11 is declaration form in which it has been filled about the previous P.F. No. details, whether he was member of P.F. or not in previous companies. if the employee was part of P.f than it is obligatory on the part of Present employer that it should deduct the P.F. of the same employee till Rs. 6500/- even if the basic salary is more than Rs. 6500/*-
Form 26 (6) is there, that is filled by the employee those basic is more than Rs.6500/- and acceptance is given by the employer also on the same form. Than can get the benefit of P.F. if the basic salary is more than Rs.6500/-, but employer is liable to contribute only till Rs. 6,500/- not more than that.
Rajiv Singh
From India
Form 26 (6) is there, that is filled by the employee those basic is more than Rs.6500/- and acceptance is given by the employer also on the same form. Than can get the benefit of P.F. if the basic salary is more than Rs.6500/-, but employer is liable to contribute only till Rs. 6,500/- not more than that.
Rajiv Singh
From India
Dear Friend,
Pension under Employees' Pension Scheme, 1995 becomes payable after minimum 10 years of membership (you comply with this provision) and after completion of 58 years of age. For each year short of 58, there is reduction of pension. Before the age of 58, one is eligible for reduced pension. Your age being too short i.e. 34 years, I wonder whether you receive handsome pension. If you have changed your job from one employer to another, you may continue the same PF account and the same Pension account. If you are determined not to do other job and leave the service for ever and engage in some business, then you may apply for reduced pension in consultation with the pfwala.
Sincerely,
Shyam Agrawal
From India, Pune
Pension under Employees' Pension Scheme, 1995 becomes payable after minimum 10 years of membership (you comply with this provision) and after completion of 58 years of age. For each year short of 58, there is reduction of pension. Before the age of 58, one is eligible for reduced pension. Your age being too short i.e. 34 years, I wonder whether you receive handsome pension. If you have changed your job from one employer to another, you may continue the same PF account and the same Pension account. If you are determined not to do other job and leave the service for ever and engage in some business, then you may apply for reduced pension in consultation with the pfwala.
Sincerely,
Shyam Agrawal
From India, Pune
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Benefits of retention of membership PF July 2017.pdf