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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
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Hi,
Applicability of the Act & Scheme
Is extended in area-wise to factories using power and employing 10 or more persons and to non-power using manufacturing units and establish-ments employing 20 or more person upto Rs.7500/- per month w.e.f. 1.4.2004. It has also been extend-ed upon shops, hotels, restaurants, roads motor transport undertakings, equip-ment maintenance staff in the hospitals. Thanks sree
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
Hi Sree, Your information is correct but that is not for EPF that is comes under ESI Act. But that also changed in October 2007 from Rs. 7500.00 to Rs. 10,000.00. Please make sure. Regards, Ravi Kumar T 09964519065
The Limit is 6500/- and even we have not received any updates on the same from the consultants..
Hi Rajesh Dalmia and Shrihariarjun, Can you please refer to some official notifications? or give more details about the source of the information you have? - Hiten Parekh
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
No till date it is not revised and ceiling is still 6500/ this is the limit for PF calculation only.
Hi friends Without any notifications and amendments passed in the parliament which is to be published in the gazette it is not possible to implement the new ceiling limits. So reports in the newspaper cannot be made basis of it. regards
dear dalima, there is no cercular in this regad. since this onle the praposal before government. u can continue with 6500 basic only. regds Athmarama Shetty
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