Dear friends,
EPFO has stated that henceforth no permission will be accorded for contribution under EPS on wages higher than the statutory limit under Para 11(3) of the Scheme. Copy of circular dated 8.11.2013 in this regard is attached for your information.
Thanks
From India, Malappuram
1444EPFO has stated that henceforth no permission will be accorded for contribution under EPS on wages higher than the statutory limit under Para 11(3) of the Scheme. Copy of circular dated 8.11.2013 in this regard is attached for your information.
Thanks
From India, Malappuram
Truly, PF Office has passed a joke of the day by sending circular nos. 528 and 529 dated 8-11-2013 which appear to be contradictory to each other. One Circular says, contribution on higher Wages is permitted by retrospective effect and the same authority in the other Circular says contribution on higher salary is not allowed.
However, it may be pointed out that, contribution on higher salary will not be allowed henceforth. It means, those who are contributing on higher salary can continue so. No new case will be allowed. OK. Now, coming to circular of retrospective effect, it simply allows you to contribute on higher salary by paying interest and damages from a back date. Meaning it nullifies the restriction of earlier circular.
I think PF Office made a joke of Year. It seems a new laughter service has been started by EPFO.
From India, Kolhapur
However, it may be pointed out that, contribution on higher salary will not be allowed henceforth. It means, those who are contributing on higher salary can continue so. No new case will be allowed. OK. Now, coming to circular of retrospective effect, it simply allows you to contribute on higher salary by paying interest and damages from a back date. Meaning it nullifies the restriction of earlier circular.
I think PF Office made a joke of Year. It seems a new laughter service has been started by EPFO.
From India, Kolhapur
FPF Membership from 01/12/1973 ti 16/11/1995 will be taken in to consideration at the time of deciding Pensionable Service.EPS Membership from 1995 till the date of Retirement or attaining the age of 60 Years will also be taken in to consideration for deciding Pensionable Service.
You have mentioned Date of Retirement as 31-10-1953. what is this.Further, what is your Contribution to EPS(EPS Wages beyond 15000)
Regards,
From India, New Delhi
You have mentioned Date of Retirement as 31-10-1953. what is this.Further, what is your Contribution to EPS(EPS Wages beyond 15000)
Regards,
From India, New Delhi
is any age limit mentioned in the EPF act. Is management contribution necessary after the retirement age of 60
From India, Sivakasi
From India, Sivakasi
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From India, Jaipur
From India, Jaipur
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