EPF.................
Abhimanyu Soni
(Querist) 05 April 2008
This query is : Resolved
thanks
Further to my last query, under which section it is mentioned that employee getting more than 6500 has an option for EPF
Is it necessary on the part of employee to allow any deduction under PF act.
Recently I have joined a company and there are some employees earning 25000/- per month and no deduction has been made in respect of EPF.
Upon asking, I am told that they did'nt opt for that.
Is it depends on employees discretion.
Manish Singh
(Expert) 05 April 2008
The recent notification from the Central Govt has been published in the Official Gazzete as well as in all the leading newspapers which has raised the epf applicability limit to 6,500/- and the esi limit to 10,000/-.
As already been told that if the wages are more than 6,500 then it's on the employee to opt the EPF benefit or not.