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PF CONTRIBUTIONS FOR 3 MONTHS

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Prakash Rao

20 Points Posted on 12 April 2020

as per government notification pf contributions will be paid by govt .My question is below 15000 salaries and wages how to define. whether it's basic +DA or total wages (including all allowances) urgently required

Replies (3)

Quick Summary

This discussion clarifies the government's notification regarding PF contributions, explaining that the scheme applies to employees whose contributions were received for any period within the last six months on a monthly wage of less than £15,000. It specifies that this £15,000 threshold refers to basic pay plus Dearness Allowance (DA), not total wages including all allowances.

CS Lalit Rajput

Company Secretary

20 Points Posted on 12 April 2020

Hi

Employee should be a member of EPF Scheme, 1952 & Employees’ Pension Scheme, 1995 whose contributions are received for any period during last six months (wage months: September 2019 to February 2020) in the ECR filed by any eligible establishment against his/her UAN.
Such contributions in ECR should have been received on monthly wage of less than Rs.15000/-.

the definitions mentioned in various sub-sections of section 2 of The Employees’ Provident Fund & Misc. Provisions Act, 1952 and Para 2 of the Employees’ Provident Funds Scheme, 1952, would be applicable mutatis mutandis to this scheme as well