Current Wage Limit For Pf And Pension - PDF Download

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

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.
Suresh

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.

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