hi Suppose any person is not falling under EPF scheme, then is there any specific form for Declaring that a particular person want EPF to be deducted from his/her salary. Thanks :(
From China, Qinhuangdao
From China, Qinhuangdao
Hi Rudra,
As per PF Act, if a new joinee is drawing Basic salary ( BASIC + DA) more than 6500/- per month then if he wants he can not opt for the PF. In this case he has to fill FORM 11.
In this Form he has to fill ONLY his name and his Father's Name. Then put tick mark on option " e" and sign the form.
This form you have to keep in the record for future PF inspection.
If the Basic Salary ( Basic + DA ) is less than RS 6500/- per month then he has to be member of the PF and deduction should be there.
For becoming the PF member the person has to fill the Form 2 (Declaration Form)
Once the person become the member he cann't stop the PF deduction. Similarly, if he is not become the PF member, in between he cann't opt for the PF.
Hope I have clarified your query.
AMATYA
As per PF Act, if a new joinee is drawing Basic salary ( BASIC + DA) more than 6500/- per month then if he wants he can not opt for the PF. In this case he has to fill FORM 11.
In this Form he has to fill ONLY his name and his Father's Name. Then put tick mark on option " e" and sign the form.
This form you have to keep in the record for future PF inspection.
If the Basic Salary ( Basic + DA ) is less than RS 6500/- per month then he has to be member of the PF and deduction should be there.
For becoming the PF member the person has to fill the Form 2 (Declaration Form)
Once the person become the member he cann't stop the PF deduction. Similarly, if he is not become the PF member, in between he cann't opt for the PF.
Hope I have clarified your query.
AMATYA
Thanks allot AMATYA, can u please send me formats of both forms.i just want to clear one thing, is it true that if a person is not become the PF member initially, in between he cann't opt for the PF.Please Advice
Thanks
:)
From China, Qinhuangdao
Thanks
:)
From China, Qinhuangdao
Hi,
Our company is an IT Company & we make sure that Basic Salary of all the employees is above Rs.7500.
Can any one guide me that still we need to fill the Form -11 (PF Act) OR any other formality that need to complete.
Regards,
SUNAYANA
From India, Pune
Our company is an IT Company & we make sure that Basic Salary of all the employees is above Rs.7500.
Can any one guide me that still we need to fill the Form -11 (PF Act) OR any other formality that need to complete.
Regards,
SUNAYANA
From India, Pune
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