ALL PF ACT DETAILS

 PF act and statement

employee provinded act missilineces provdence act 1952

1. 22 section and 4 shedule (1,2,3,4)

allow in all india this act

applcable -  1 section 

every establish factory industries allow for 20 or 20 more employee

and another company employee 20 or 20 more employee specific by central govermant mean koi company register nahi hai to central gov. ke dwara establish main applicable ho jaayega

not applicable- section  16

1912 coperative society employeeing less than 50 employee is act main coperative society khol di to isme apn power ka use nahi kar sakte hai

minister of labor law act (3 schemes here)

EPF 1952

EPS 1995

EMPLOYEE DEPOSITE LINKED INSURANCE INSURANCE SCHEME 1976

DIFINATION- SECTION -2

1. EMPLOYEE

HAMEN KISI EMPLOYEE KIYA HAI WAGES KE LIYE KUCH BHI KAAM KAR RAHA HAI YA MANUAL KAR RAHA HAI YA OTHERWISE KAR RAHA HAI MEAN JO APNI ORGANISATION HAI USKE LIYE KAAM KAR RAHA HAI CHAHE TO KAAM INDRECTLY YA DIRECTLY KAAM KAR RAHA HAI HAMAARI ORGANISATION KE LIYE

AUR AGAR KISI CONTACRACTOR NE KISI BHI EMPLOYEE KO KAAM PAR LAGAYA HAI YA TO CONTRACT NE EMPLOYEE HIRE KARKE DIYA HAI YA INTERN HAI UNDER APPRENTIS ACT 1961.

2. (EXAMPTED EMPLOYEE) MEAN VO EMPLOYEE JO APNA PF KA AMOUNT PURA WITHRAWL KAR CHUKA HO

LIMIT FOR PF=  PAY= BASIC+ DEARLENCE ALLOWENCE UP TO RS. 15K LESS TO PF KATEGA AUR AGAR 15K SE UPAR HAI TO AAPKO ASSISTANT PF COMMISIONAR KI PERMISSION CHAHIYE HOTI HAI

PF RATE= FROM EMPLOYEE SIDE= 12% (BASIC+ DA)

FROM EMPLOYER SIDE= 8.33% EPS, 3.67% EPF

KUL MILAKAR DONO KI SIDE SE 12% HONA CHAHIYE EMPLOYEE OR EMPLOYER DONO SIDE SE

AGAR EMPLOYEE 12% SE JYADA CONTRIBUTE KARNA CHAHTA HAI TO VO KAR SAKTA HAI LEKIN EMPLOYER CASE MAIN ESSA NAHI HAI

EMPLOYER (EPS) ACT

RATE= 8.33% IN PANSION AMOUNT

WITHDRAWL AMOUNT KESE LE SAKTA HAI MONEY

1. RETIRMENT AUR DISABLEMENT

IN CASE OF DEATH EMPLOYEE

1. WIFOW/ WIDOWER DUSRI SHAADI SE PAHLE KAR SAKTA HAI

2. CHILDERN UP TO 25 AGE

3. IF PERSONE WAS SINGLE THEN NOMINI

EMPLOYEE DEPOSITE LINKED INSURANCE INSURANCE SCHEME 1976

(THIS IS A LIFE INSURANCE BENEFIT)

RATE= 1% WHICH INCLUDE

aur agar salary 15k se uppar hai to usme 1800 ruapy add on ho jata hai 

lekin agar employer chsahta hai ki jyada benefit lena chahta hai to mean pure employee ko to is condition main aap full epf le sakte hai

lekin full epf main bhi kuch condition hai inke dwara employee katwa sakta hai

1. less than 15k

2. more than 15k mean 1800 add on ho jata hai automatic mean 1800 rupay katega aur 1800 rupay employer daal bhi dega

3. thisri condition main 12% aapka katega aur 12% employer aapki salary main daal dega yah sara pesa to epf main chal jata hai baaki eps ka pesa to 15k ka 8.33% pesa dalna hota hau.. total to 12% hi karna hai yah mtlb cap hoti hai

kulmilalakar 12% kar dega employer aur baaki ka pesa epf account main chal jata hai