If my EPF is already deducted from my salary then is there any procedure to stop EPF deduction or contribution any time?
There are two options when you can opt out of EPF.
- Your salary (Basic+DA) should be more than Rs.15,000 at the time of joining. Suppose, your salary is less than that and you already EPF member, then even though your salary raised to more than Rs.15,000, then you have no option to continue. Once you are a member of EPF in your company, then you can’t opt out in middle.
- If your company’s employees strength is less than 20.