Present EPF Wages - The calculation is ((Gross salary - HRA) x 12%). Can you please guide me about the latest changes in EPF wages (if any)?

tarak shaw

What are the Present EPF wages? Now we are contributing @ 12% for both sites on 15000/- (Maximum), the employees who are getting gross salary >15000.00 p.m. excluding HRA. The calculation is ((Gross salary - HRA) x 12%). Can you please guide me about the latest changes in EPF wages (if any)?
Thanks in advance.

umakanthan53

To my knowledge, there is no change in the threshold wages for calculating contributions to EPF as of now.

tarak shaw

Many many thanks for your prompt reply.

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