EPFO Update: How Does the New PF Wage and Pension Change Affect You?

EPFO Notification Update

On 28th August 2014, the EPFO issued a notification amending PF wages to Rs. 15,000 and the minimum pension to Rs. 1,000. I am attaching the same for your reference.

Regards,

Provident Fund Status for Diploma Engineers Trainee on Stipend

What is the P.F. status of Diploma Engineers Trainee on stipend, whether they are covered or not?

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Thank you for your question. The Provident Fund (P.F.) status of Diploma Engineers Trainees on a stipend depends on the company's policy and the terms of the trainee program. In general, trainees on a stipend may or may not be eligible for Provident Fund contributions, depending on the organization's guidelines and the duration of the training period. It is advisable to check with the HR department or the relevant authority within the company to determine the specific P.F. status for Diploma Engineers Trainees on a stipend.