EPF account holders from submitting a joint declaration form. Employers and employees are required to submit this form jointly for contributing to the EPF account on a basic salary higher than the current statutory wage ceiling of Rs 15,000 per month. The EPFO has issued a circular dated January 30, 2024, in this matter.
However, the circular specifically states that the relief from submitting the joint declaration form does not apply to those who have applied for the higher pension under the Employees' Pension Scheme (EPS). So those who have applied for the higher pension have to mandatorily submit the form.
The latest EPFO circular provides relief to certain EPF members who left employment or died before a specific date and certain existing members as well.
EPF members who left employment or died: The EPFO in its circular said that the relief from submitting the joint application form applies to those employees who have paid more than the statutory limit but left employment or died «till October 31, 2023». These EPF members are not required to submit the joint declaration form.
The circular states, «All such cases where the employees had already contributed on pay more than statutory limit and the employer had also paid administrative charges on such contribution made on pay more than the statutory limit but had left the employment or died till 31/10/2023, it is deemed that such cases had been allowed for contributing on pay more than the statutory limit so as to avoid