Understanding Current EPF Wages: Are There Any Recent Changes We Should Know About?

tarak shaw

Current EPF Wages

What are the present EPF wages? Currently, we are contributing at a rate of 12% for both sites on a maximum of 15,000/-. For employees whose gross salary is greater than 15,000.00 per month, excluding HRA, the calculation is ((Gross salary - HRA) x 12%). Could you please provide guidance on any recent changes in EPF wages, if applicable?

Thanks in advance.

umakanthan53

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

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