Home |PF Registration | Whether an employee can become a member of the EPF without any restriction to his salary/wages?

Whether an employee can become a member of the EPF without any restriction to his salary/wages?

Answer Notify Me - 1 Notifying - 2
Narayan Narayan
Answered on December 06,2019

The employees who are drawing the basic wages and dearness allowance up to Rs.15, 000/- are alone eligible to become a member. He will continue to be a member even when his pay exceeds Rs.15, 000/-. However, his contribution to the Fund will be restricted to Rs.15, 000/-. The employer is also required to pay his matching contribution up to Rs.15, 000/-. Employees drawing more than Rs.15000/- can also become a member of EPF by giving option under para 26(6) of the EPF Scheme. The option has to be submitted to the EPF office within 6 months of joining of such member.

Clap Clap 29
Share Share Answer Share Share
Views 91 views
tesz.in
Hey , can you help?
Answer this question

Related Questions