EPFO ABRY
Some point created confusion in a declaration by Employer
Point 3 of A of declaration ...
We have not deducted the pf contribution from wages employee - My question that for which month this declaration?
From India, Kolkata
Some point created confusion in a declaration by Employer
Point 3 of A of declaration ...
We have not deducted the pf contribution from wages employee - My question that for which month this declaration?
From India, Kolkata
Employer registration under ABRY is ontime activity.
The very meaning of the said clause is that employer will not deduct any epf contributions from the salary of eligible eemployee and employer epf/eps contributions
till the scheme is in force.
For more details read the com0lete guidelines given in the employer portal.
From India, Vadodara
357The very meaning of the said clause is that employer will not deduct any epf contributions from the salary of eligible eemployee and employer epf/eps contributions
till the scheme is in force.
For more details read the com0lete guidelines given in the employer portal.
From India, Vadodara
Generally employer will deduct 12% of PF salary from the employee for contribution towards EPFO. This is called the employee share.
Employer will contribute another 12% (EPF+EPS) as employer share.
For Employee eligible under ABRY , total 24% (employer+employee share) is born by Government. So we should not deduct PF from the salary of ABRY scheme Employees.
To answer your question, if you see ABRY in ECR statement for new joined employee, we should not have deducted PF for that wage month for those ABRY eligible employee.
From India, Coimbatore
Employer will contribute another 12% (EPF+EPS) as employer share.
For Employee eligible under ABRY , total 24% (employer+employee share) is born by Government. So we should not deduct PF from the salary of ABRY scheme Employees.
To answer your question, if you see ABRY in ECR statement for new joined employee, we should not have deducted PF for that wage month for those ABRY eligible employee.
From India, Coimbatore
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Epfo-circular-d t-23-sept-2016- declaration-for m-new-form-11.p df