Discussion Board

How your Employee Provident Fund benefits YOU

Total 14 messages Pages | 1
pk jain
Kindly increase Basic Limit From Rs 6500 to Rs 25000
by pk jain on Jun 01, 2013 04:55 PM

Kindly Kindly increase Basic salery Limit From Rs 6500 to Rs 25000 because this basic limit is 15 year old and its revision is still pending.So I want to request to the EPFO Kindly do the needful immediately.Thanks

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Ram kumar
BPO's & call center
by Ram kumar on May 30, 2013 11:57 AM

Most of the short time employees of BPO's & call center
are not benefited by PF, as they don't claim the savings. The employer or the government is befitted .

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Vishal Kumar
EPF money is uncertain
by Vishal Kumar on May 30, 2013 10:40 AM

in job change, RPFC hardly transfers money.
my account is not transferred for 4 years

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Hardeep Gill
PF %
by Hardeep Gill on May 30, 2013 08:35 AM  | Hide replies


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sreeni anugonda
Re: PF %
by sreeni anugonda on Jun 29, 2013 03:23 PM
12% is of Min Basic pay of PF ie Rs6500x12=780

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Re: PF %
by Ramsaranyadav on May 30, 2013 09:56 AM
Good ? Please Confirm Any Person

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bhawani maity
Re: Re: PF %
by bhawani maity on May 30, 2013 01:06 PM
they calculate on mimimum basic slap which is Rs. 6500/- even if your basis is much higher.and this is allowed under law.

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joby joseph
Re: PF %
by joby joseph on May 30, 2013 10:33 AM
PF is compulsory only till 6500. 12% of 6500 is 780.

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Ravindra Negi
Re: PF %
by Ravindra Negi on May 31, 2013 12:38 PM
because 12% of Rs6500/ is 780/- for which emoloyer is bonded by govt.above that you can contibute from your salary part if u want to deduct more epf.

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However, it is this valuable savings scheme
by piri on May 29, 2013 05:39 PM

that some of the biggest thieves of India - corporates - are now targeting for the purpose of investing in speculative instruments in the market!

And both the Congress and the BJP central and state governments have been hand in glove with those thieving corporates!

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nandolia chemicals
PF on Allowances also
by nandolia chemicals on May 29, 2013 03:35 PM

If the PF should be deduct on allowances than Leave Encashment and Gratuity should be as per PF rules or Not ?

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Muna satpathy
by Muna satpathy on May 29, 2013 02:58 PM  | Hide replies

EPS amount has a maximum limit of Rs 541/-, if I am not wrong

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Bipin Bathia
by Bipin Bathia on May 30, 2013 04:51 PM
You are right. Employer is liable to pay on maximum limit of Rs, 6500/- @ 8.33% works out to be Rs. 541/- and balance of 3.67% of Rs. 6500/- i.e. Rs. 239/- goes to PF a/c

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Shyam Sunder
basic pay
by Shyam Sunder on May 29, 2013 02:41 PM

If basic pay is more than Rs.6,500 one is excluded from membership to EPF. You can have compulsory membership for employees with salary upto Rs.6,500 only and so calculate all benefits based on that ceiling.

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