Seeking Help: Can Anyone Share the Latest EPF and ESIC Ceiling Dates Chart?

I need the chart showing the increasing ceiling dates for EPF and ESIC. Could you kindly provide the same?

Thanks and regards,
Pulkit

Hi,

Your query is not very clear; that's why there has been no response. For ESIC, the ceiling is 15k gross salary. Employees above 15k per month are not covered by the ESIC scheme.

The EPF scheme, as started, had a limit of 6500 basic salary, of which 12% is deducted. Many organizations either deduct the PF at 12% as per the spirit of the law, thus helping employees save money and receive a fixed interest of 8.5%.

Some organizations have adopted a policy of taking advantage of the maximum limit and deducting 12% of 6500, i.e., 780 per month, rather than 12% of the basic salary. Thus, the difference lies in either just fulfilling the law or applying the law in spirit.

Regards,
Shridhar

I want to address the increasing dates regarding ESIC, increasing from 1.5.2010, 10000 to 15000, and PF increasing from 1.6.2001, 5000 to 6500. I require the complete details of the increasing dates.

Regards,
Pulkit

I shall provide the details on the salary ceiling of PF that prevailed from time to time as follows:

Period | Amount (Rs)
------|----------
1.3.71 to 31.3.83 | 1000
1.4.83 to 31.8.85 | 1600
1.9.85 to 31.10.90 | 2500
1.11.90 to 30.9.94 | 3500
1.10.94 to 31.5.01 | 5000
1.6.01 onwards | 6500

Abbas.P.S