Form 11 for Employee got 1st time job

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..... Dear Sir, an employee got his 1st Job, and he is not member of PF earlier, and drawing a Gross salary of ₹ 16000/-, and he his saying to his employer not to deduct PF by giving Form 11. Is this acceptable? - Reply By YAGAY andSUN - The Reply = If you've never made any contributions towards EPF, ever, you can choose not to contribute towards EPF. If your basic monthly salary is over & .....

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..... #8377; 15,000, you can opt out of your EPF contributions if you want to (although it isn't recommended that you do this). - Reply By KUMAR Narasimhan - The Reply = Dear Sir, Thank you for the Information, threshold limit of ₹ 15000/- for his basic salary or Salary? Here in his 1st time employment he is earning total salary of ₹ 16,000/- and he would like to opt out from PF - R .....

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..... eply By YAGAY andSUN - The Reply = It is the basic salary of ₹ 15000/- If the employees is getting ₹ 16000/- as gross salary then he cannot opt out from the PF Scheme. - Reply By KUMAR Narasimhan - The Reply = Dear Sir, Could you please provide any notification with respect the above. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of Yagay. - Form 11 .....

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..... for Employee got 1st time job - Query Started By: - KUMAR Narasimhan Dated:- 8-7-2021 Other Topics - Got 5 Replies - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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