FREQUENTLY ASKED QUESTIONS (FAQs)
Every establishment with 20 or more employees should register under EPF Act.
Yes it is called voluntary registration
12% of basic pay and Dearness Allowance (DA) has to be contributed to the fund every month.
The employees drawing salary (Basic Pay + DA) exceeding INR 15,000 per month are excluded from the provisions of the PF Scheme. However, the employees who were contributing in the past, (when their salary was less) will continue to be covered under the Act.
NO. As per the provisions of the Act, no eligible employee has the option of staying away from the contribution. It is mandatory to contribute to the fund, if the organization and employee both are coming under the provisions of the Act.