Paragraph 27 of epf scheme

Labour & Industrial 1745 views 1 replies

Friends/Seniors

Can an existing subscriber to PF apply to Commissioner in prescribed Form 1 for exemption of all or some provisions on him pursuant to Paragraph 27 of EPF Scheme. Means the employee while continuing with the employer company wants to come out of PF scheme and get back the accumulations.

The paragraph is enclosed. I could not understand the meaning of proviso to Paragraph 27(1). Can anybody share his/her thoughts please.

Regards,


Attached File : 580277 1385610 paragraph 27 of epf scheme.pdf downloaded: 235 times
Replies (1)

Hi,

 

You can have your own PF fund or EDLI scheme or pension scheme and ask for exemption from PF commissioner for EPF contributing towards such benefits.

 

say e.g. your co. can take EDLI from another insurannce company like LIC / ICICI pru etc. in which coverage should be more or equal to coverage granted by EPF.

 

Thanks


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details