Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381

Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381

Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381
No Contribution On Salary Exceeding Statutory Limit Under EPS - CiteHR

No Tags Found!

SH

Shai89308

Executive Hr

AS

Ammu Shanvi

Human Resource

GS

G SHASHI KRISHNA

Senior Manager - Hr

AH

Aizant HR

Human Resources

MA

MARSHAL

Safety Officer

AK

Anish Katoch

Hr Executive

PR

PranjalR

Hr Recruiter

AP

Alka Pal

Hr Executive

Karthikeyan8195

Management Consultant

MK

Mohit Kumar Puri

Head Marketing

AU

Austex

Accounts Manager


pca
1442

Dear friends,
EPFO has stated that henceforth no permission will be accorded for contribution under EPS on wages higher than the statutory limit under Para 11(3) of the Scheme. Copy of circular dated 8.11.2013 in this regard is attached for your information.
Thanks

From India, Malappuram
Attached Files (Download Requires Membership)
File Type: pdf No contribution on salary exceeding statutory limit under EPS 8.11.2013.pdf (101.5 KB, 2092 views)

pca
1442

Friends,
Pl refer another circular issued by EPFO on 8.11.2013 (copy attached) which states that retrospective effect can be given to higher salary in case of EPS in case interest and damage are paid.
Thanks

From India, Malappuram
Attached Files (Download Requires Membership)
File Type: pdf Pension on higher salary if intt & damage paid 8.11.2013.pdf (26.7 KB, 407 views)

kishorkulkarni
241

Truly, PF Office has passed a joke of the day by sending circular nos. 528 and 529 dated 8-11-2013 which appear to be contradictory to each other. One Circular says, contribution on higher Wages is permitted by retrospective effect and the same authority in the other Circular says contribution on higher salary is not allowed.
However, it may be pointed out that, contribution on higher salary will not be allowed henceforth. It means, those who are contributing on higher salary can continue so. No new case will be allowed. OK. Now, coming to circular of retrospective effect, it simply allows you to contribute on higher salary by paying interest and damages from a back date. Meaning it nullifies the restriction of earlier circular.
I think PF Office made a joke of Year. It seems a new laughter service has been started by EPFO.

From India, Kolhapur
mks212
2

In view of enclosed Kerala high court order and supreme court confirming Kerala high court order PF authorities have to permit members to contribute on higher salary
From India, Mumbai
Srinath Sai Ram
606

FPF Membership from 01/12/1973 ti 16/11/1995 will be taken in to consideration at the time of deciding Pensionable Service.EPS Membership from 1995 till the date of Retirement or attaining the age of 60 Years will also be taken in to consideration for deciding Pensionable Service.
You have mentioned Date of Retirement as 31-10-1953. what is this.Further, what is your Contribution to EPS(EPS Wages beyond 15000)
Regards,

From India, New Delhi
sriramkumarraghavan
1

is any age limit mentioned in the EPF act. Is management contribution necessary after the retirement age of 60
From India, Sivakasi
olivia-james
if found any problem, you can consult assignment help experts!
https://www.assignmentdesk.co.uk

From United Kingdom, London
sriramkumarraghavan
1

Sir, Please clear my doubt, whether EPF deduction is compulsory or not after retirement, if the management willing to keep the employee to continue his service.
From India, Sivakasi
jessicaah
Get assignment assistance from the quality experts of Australian Assignment Help at: https://australianassignmenthelp.com...ssignment-help
From India, Jaipur
jessicaah
Student Life Saviour offers quality assistance in the form of do my assignment for me in UK at: https://studentlifesaviour.com/uk/do-my-assignment
From India, Jaipur
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.





About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.