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OsourceHR
4

Hello members,
I have a query regarding PF deduction. If employee was never been member of RPFC and his/her basic is more than 15000. Also S/He signed form11, is it mandatory to deduct PF or it is voluntary.

From India, Mumbai
jeevarathnam
639

No! It is not mandatory. If at all you are willing to consider EPF then both 125of EE + 12 ER to be contributed to EPF only & there is no EPS
From India, Bangalore
PL Kanthan
20

Right now, the max. wages for PF contribution/membership eligibility is Rs.15,000/-. But it is to be raised to Rs.21000/- in line with ESIC. Pls stay updated. Thks
From India, Thane
prakhash@futurecalls.com
sir - if the contribution is not mandatory for those salary is more than 15k, is there any declaration / form required from the concerned staff
From India, Chennai
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