Dear Colleagues, Please let me know is there any latest amendment in EPF wage limit from 6500/- to 10000/-. Ranganathan
From India, Madras
Acknowledge(1)
Amend(0)
1From India, Madras
Acknowledge(1)Amend(0)
Not so far! However all the Municipal Councils and Corporations have been brought under the EPF & MP Act 1952 w.e.f.
From India, Jaipur
Acknowledge(0)Amend(0)
From India, Jaipur
Acknowledge(0)Amend(0)
Dear Renga, Latest EPF Amendment Wage Ceiling Revised From Rs.6500/- to Rs.15000/-. With effect from 1st September 2014. Regards, S.Ramesh Kumar
From India, Madurai
Acknowledge(0)Amend(0)
From India, Madurai
Acknowledge(0)Amend(0)
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
From India, Chandigarh
Acknowledge(0)Amend(0)
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
From India, Chandigarh
Acknowledge(0)Amend(0)
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
From India, Calcutta
Acknowledge(1)Amend(0)
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
From India, Calcutta
Acknowledge(1)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Provident Fund - Excluded Employee - Definition.pdf
Latest amendment in Provident fund scheme.doc