EPF contribution on beyond ceiling limit.

In our office some employee's basic salary is one lakh , sixty, fifty thousand i.e above ceiling limit of EPF ( Present ceiling limit is 15000/-)

Presently we are deducting employee side PF 12% on basic Rs.12000/- ( basic Rs.100000/- )

and 8.33% for pension fund employer side on 15000/- Rs. 1800/-

and Rest of amount ( 12000- 1800 = 10200 ) 10200/- We again deposited in PF on employer side

My question is - If employee basic+ D.A salary is above ceiling limit , then can we cancel depositing PF.
In nutshell can we stop being a member of Provident fund organisation. If yes, we can save employer contribution & also administration charges also.
Replies (2)
Quick Summary
This discussion explores whether employees earning above the EPF ceiling limit of £15,000 can opt out of the Provident Fund scheme. Currently, contributions are made on the basic salary up to the ceiling, with specific employer contributions for pension. The core question is whether higher earners can cease their PF membership to save on employer contributions and administrative costs.

No You can't stop or cancel...
It means even though higher salary getting person is in the ambit of PF ?

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