Jatinder Vijh (Dy GM(HRM)) 21 April 2015
Dear Experts,
An employee joined our organisation in January 2014 . His salary was rs 11500 pm. He was not made member of EPF and EPS since his salary was more than 6500 p.m.
The PF Act was amended w.e.f. 1-09-2014. The EPF and EPS limit was raised to rs 15000 per month.
is it mandatory for us to make him member of EPS and EPF?
Your expert advice please.
arulprasath (HR & Legal) 21 April 2015
Hi
He shall cover from his DOJ, deduction and contribution subject to the cieling of Rs. 6500, after amendment of the cieling must be revised and make the contributions.
Your liable to make him member.
Rgerads
G. ARUL PRASATH
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 21 April 2015
Employee to become member of Fund immediately on joining – Every employee employed in or in connection with work of a factory or establishment to which the Act applies is entitled and required to become member of Provident Fund.
Kumar Doab (FIN) 21 April 2015
Yes is the answer.
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