Have There Been Recent Changes to the EPF Wage Limit from ₹6,500 to ₹10,000?

Dear Colleagues, please let me know if there have been any recent amendments to the EPF wage limit, increasing it from ₹6,500 to ₹10,000.

Regards,
Ranganathan

Not so far! However, all the Municipal Councils and Corporations have been brought under the EPF & MP Act 1952 with effect from the specified date.

The latest EPF amendment has revised the wage ceiling from Rs. 6,500 to Rs. 15,000, effective from 1st September 2014.

Regards,
S. Ramesh Kumar

Dear sir,

I want to know that with the new amendment of PF, PF is deducted on a minimum of 6500 and a maximum of 15000 basic w.e.f. from 01-09-2014. After that, if any employee's basic salary is 20000, then will PF be calculated on 15000 or 20000?

Please tell me.

Thanks & Regards,
Dalip Saini

Dear Mr. Saini,

As you mentioned that the employee's salary (basic) is Rs. 20,000/- per month, the PF deduction salary is Rs. 15,000/- (mandatory). However, it depends on management whether they can deduct PF contributions from Rs. 20,000/- as well. In that case, both contributions will be deducted from the same salary.

Thank you,
Sanchita