dalmia2001 Started The Discussion:
Recently an article in Economic times reported that employees with basic under Rs 7500 are covered under EPF. This limit was hiked way back in 2005. Yet I could not find any other confirmation to this news and every where it is still mentioned as Rs 6500. Any one has the clarification on this. Please confirm Rajesh Dalmia
Applicability of the Act & Scheme
Sriharirajun's observation was about ESI and not EPF. The wage limit for ESI was raised wef 1-4-04 from Rs 6500 to Rs 7500. Of course, the ceiling was again raised from Rs 7500 to Rs 10000 wef 1-10-2006. And it was since 1-4-04 that applicability of ESI was extended to shops and establishments. For EPF the salary ceiling still remains at Rs 6500. Regards, Madhu.T.K
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