Freelancer In Hr &indirect Taxes For
Srinath Sai Ram
Hr Manager
Labour Consultant
Vivek Ss
+1 Other

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hello respected members can anyone please tell me current wage limit for EPF and EPS and also for EDLI
Hi Akshay Kindly consider the attachment here with for your refrence. Regards Rajesh Sharma

Attached Files
File Type: pdf ContributionRate.pdf (354.9 KB, 309 views)

Dear Akshay, Rs15,000/- is Wage Ceiling for EPF, EPS & EDLI as on date
Current salary / wages ceiling for PF Coverage is Rs.15,000/- p.m. that is Basic + D.A. and not gross. Similarly the same limit is applicable for FPS & DLIS.
There is small change in Rajesh Sharma's attachment that the PF Admin. charges has been reduced to 0.65% & DLIS Charges to 0% w.e.f. 01.04.2017 as against the earlier charges of 0.85% & 0.01% respectively.

Dear Friends, I am going to start my career in MNC on Payroll department, can any one please advice how to calculate & deduct income tax for our employees.
EPF Wage Limit - 15000 Basic +DA Employer Contribution - 13.15% -Basic +DA (EPF Employee Contribution - 12% - Basic +DA
Mr. Vivek, Please find attached Excel of Income tax. Fill the necessary column. Hope this will solve your query.

Attached Files
File Type: xls Income_Tax_Calculator_2017-18.xls (128.0 KB, 55 views)

Dear Seema, Your post simplified & helped most of the Members, HR Professionals to utilise the excel sheet for TDS working for self & others. Tnx & Regds, Suresh
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