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
Hi, Not it's is not revised, if you have avalable any backgroung please write where, Rs. 6500/- is right now still continues .................................. Govt. / PF department not issue any green light and not issue any notification please don't worry. Thanks Manoj Kumar
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
Found This Useful? +Vote Up This Page Via Google.
Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
Explore Topical Knowledge Areas
Topic Categories >> basic pay board meeting bonus payment ceiling limit contract employee employees contribute employees provident fund employees state insurance employers contribution esi limit family pension scheme income tax Location-India-Calcutta motor payment of bonus pension scheme pf consultant pf deduction providend fund shops and establishments times of india tuv sud Complete List Of Categories
Interesting Relevant Discussions