Gross salary 16000 - Is he exempted from EPF contribution?
From India, Bengaluru
Acknowledge(0)
Amend(0)
From India, Bengaluru
Acknowledge(0)Amend(0)
It depends on certain conditions like:
1. If he is an existing member of EPF, i.e., if he was covered by EPF in his previous employment, he should be covered in the present organization as well.
2. If your establishment calculates PF on gross salary, including all allowances, then he can be excluded subject to the condition (1) above referred.
3. If your establishment calculates PF on basic pay only, or on wages less HRA and other allowances, then you have to take the basic pay alone to decide whether the employee should be excluded from the coverage or not.
From India, Kannur
Acknowledge(0)Amend(0)
47641. If he is an existing member of EPF, i.e., if he was covered by EPF in his previous employment, he should be covered in the present organization as well.
2. If your establishment calculates PF on gross salary, including all allowances, then he can be excluded subject to the condition (1) above referred.
3. If your establishment calculates PF on basic pay only, or on wages less HRA and other allowances, then you have to take the basic pay alone to decide whether the employee should be excluded from the coverage or not.
From India, Kannur
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Register and Log In.
Gross Salary(1).xls
Epf SC-judgment-eps exceeding cealing limit.pdf
P1singhhr
Very precise description