Monday, June 22, 2009

COVERAGE OF AN EMPLOYEE WHOSE SALARY CROSSES RS 6500 PER MONTH UNDER EPF ACT.

COVERAGE OF AN EMPLOYEE WHOSE SALARYCROSSES RS.6500 PER MONTH establishment and covered under the Act, exceeds Rs.6500 permonth, then he will be entitled to remain covered upto Rs. 6500per month. For instance, an employee who is a member andwhose salary was Rs.6400 per month, will continue to be amember to the extent of Rs.6500 per month even when his salaryis increased to Rs.7000 per month. It the employer and employeeboth agree, there is no bar in enrolling such or any other employeeas member under the Employees’ Provident Fund Scheme, 1952.

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