Dear Members,
Can you please share me the limitations for EPF. An employee does not want to be covered under EPF who is getting a consolidated salary of Rs.4500 per month and working for more than six months in a single organisation.
The employer is forcing him to cover under the EPF scheme.
Is there any EPF rules where an employee can voluntarily withdraw him self from the scheme. If so what is the limitations and the total procedure.
From India, Bhubaneswar
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1Can you please share me the limitations for EPF. An employee does not want to be covered under EPF who is getting a consolidated salary of Rs.4500 per month and working for more than six months in a single organisation.
The employer is forcing him to cover under the EPF scheme.
Is there any EPF rules where an employee can voluntarily withdraw him self from the scheme. If so what is the limitations and the total procedure.
From India, Bhubaneswar
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dear if someone baic salary is 6500 o less t the time of joining he has to become a member of EPFfrom day one.even his salary goes beyond 6500 afer joining fund he has to remain member of EPF.
From India, Delhi
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From India, Delhi
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Dear Mr. Malik (Noida, U.P.)
The Security Agency supplies two guards. Please advise if this is correct according to his working:
Salary Rs 6000/-
Employee PF @ 12% Rs 480/-
Employee ESI @ 1.75% Rs 115/-
Employer PF contribution paid by client @ 13.6% Rs 544/-
Employer ESI Contribution paid by client @ 4.7% Rs 313
Subtotal Rs 7452/-
Service Charges Rs 1250/-
Total Rs 8702/-
Service Tax 10% Rs 870/-
Cess on Service Tax @ 3% Rs 26/-
Total Rs 9598/-
Total for two guards Rs 19196/-
If we pay by cash, we do not pay all these taxes, etc., but a flat sum of Rs 12000/- for two guards.
If we pay by cheque, then it has to be Rs 19196/- for two guards.
The question is, we pay such a lot for services, etc., then why are we to pay the employer's share of the PF and ESI?
The pay packet of the Security Guard carries a different figure from the above.
We are paying Rs 12000 plus Rs 846 covering PF and ESI, Total Rs 12846/-
We pay the agency Rs 3000/- as his commission for tax, etc. He refuses to take this by cheque and wants cash Rs 15846/- failing which we have to pay as per his above working.
Please advise as we can see this as sheer corruption.
Thank you
From India, Bangalore
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The Security Agency supplies two guards. Please advise if this is correct according to his working:
Salary Rs 6000/-
Employee PF @ 12% Rs 480/-
Employee ESI @ 1.75% Rs 115/-
Employer PF contribution paid by client @ 13.6% Rs 544/-
Employer ESI Contribution paid by client @ 4.7% Rs 313
Subtotal Rs 7452/-
Service Charges Rs 1250/-
Total Rs 8702/-
Service Tax 10% Rs 870/-
Cess on Service Tax @ 3% Rs 26/-
Total Rs 9598/-
Total for two guards Rs 19196/-
If we pay by cash, we do not pay all these taxes, etc., but a flat sum of Rs 12000/- for two guards.
If we pay by cheque, then it has to be Rs 19196/- for two guards.
The question is, we pay such a lot for services, etc., then why are we to pay the employer's share of the PF and ESI?
The pay packet of the Security Guard carries a different figure from the above.
We are paying Rs 12000 plus Rs 846 covering PF and ESI, Total Rs 12846/-
We pay the agency Rs 3000/- as his commission for tax, etc. He refuses to take this by cheque and wants cash Rs 15846/- failing which we have to pay as per his above working.
Please advise as we can see this as sheer corruption.
Thank you
From India, Bangalore
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Subject: Regarding EPF
Dear Members,
In our company, we have some staff/workers receiving a CONSOLIDATED SALARY of more than 6500/-. We have not deducted EPF for those employees; we only deduct ESI. Is this correct? Please clarify.
From India, Pondicherry
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Dear Members,
In our company, we have some staff/workers receiving a CONSOLIDATED SALARY of more than 6500/-. We have not deducted EPF for those employees; we only deduct ESI. Is this correct? Please clarify.
From India, Pondicherry
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Dear Learned Members,
I am 71 years old. I returned to India in 1994 and joined an organization. I was 51 when I joined the organization on 1 Dec94. I did not work in any organization before that in India. They have allowed me to work till 30/4/2014, and then I retired. For the period 1/12/94 to 30/4/2014, my employer deducted 780 from my salary, and he contributed the same amount. But somewhere in 2006, I was told that I would not get any pension because my service from 1/12/94 to 1/7/2001 is less than 10 years. My date of birth is 1/July/43. Accordingly, someone in the EPF organization advised me to take away a certain amount that would not earn any interest. I followed the advice. He also said that the contributions of my employer and myself would earn the interest due, and I would get the whole on my retirement whenever it may be. I was getting EPF slips regularly, and as per the last calculation (tentative), it should be around Rs 6 lakhs. The latest slip dated Feb 2013 showed a total of 333279 + 217561 = 550840 (Employees + employers).
When I applied for the amount due, I am told that since an amount (which is less than 40k, if I remember correctly) was withdrawn, I would not get any amount at all.
Please advise the course of action.
I am aware that the EPF could be contributed even after 58.
SRP
From India
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I am 71 years old. I returned to India in 1994 and joined an organization. I was 51 when I joined the organization on 1 Dec94. I did not work in any organization before that in India. They have allowed me to work till 30/4/2014, and then I retired. For the period 1/12/94 to 30/4/2014, my employer deducted 780 from my salary, and he contributed the same amount. But somewhere in 2006, I was told that I would not get any pension because my service from 1/12/94 to 1/7/2001 is less than 10 years. My date of birth is 1/July/43. Accordingly, someone in the EPF organization advised me to take away a certain amount that would not earn any interest. I followed the advice. He also said that the contributions of my employer and myself would earn the interest due, and I would get the whole on my retirement whenever it may be. I was getting EPF slips regularly, and as per the last calculation (tentative), it should be around Rs 6 lakhs. The latest slip dated Feb 2013 showed a total of 333279 + 217561 = 550840 (Employees + employers).
When I applied for the amount due, I am told that since an amount (which is less than 40k, if I remember correctly) was withdrawn, I would not get any amount at all.
Please advise the course of action.
I am aware that the EPF could be contributed even after 58.
SRP
From India
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Subject: Delay in Submission of Form 10C for Claiming Withdrawal
Kindly note that I visited your office on 08.08.2014 to submit Form 10C for claiming a withdrawal of Rs. 4823.00. Upon scrutiny, your Dealing Assistant instructed me to provide the cause of the delay in submitting Form 10C but did not inform me of the required submission format, whether it is an Affidavit or any other form.
In this regard, please be informed that my date of leaving service was 01.04.2012, and I have been away from Kolkata for over 2 years.
Therefore, I request guidance on the type of letter to be submitted for explaining the delay so that my case can be resolved.
Thank you,
Partha Sarkar
Email: partha.sarkar41@gmail.com
From India, Kolkata
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Kindly note that I visited your office on 08.08.2014 to submit Form 10C for claiming a withdrawal of Rs. 4823.00. Upon scrutiny, your Dealing Assistant instructed me to provide the cause of the delay in submitting Form 10C but did not inform me of the required submission format, whether it is an Affidavit or any other form.
In this regard, please be informed that my date of leaving service was 01.04.2012, and I have been away from Kolkata for over 2 years.
Therefore, I request guidance on the type of letter to be submitted for explaining the delay so that my case can be resolved.
Thank you,
Partha Sarkar
Email: partha.sarkar41@gmail.com
From India, Kolkata
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