hi, please share any update on Optional P.F. as announced in Budget , Finance Minister declared that P.F. will be optional up to some basic wages or some category of people.
From India, Kanpur
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From India, Kanpur
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Union Finance Budget and EPFO Circular Updates
The Union Finance Budget will be discussed in Parliament. After any amendments, the Parliament has to pass the budget. Thereafter, the EPFO has to release the circular. Only then will the picture be clear.
Note: The ceiling hike to Rs. 15,000 and a minimum pension of Rs. 1,000 were included in the last budget (one year before). However, the EPFO issued the circular on 28.8.2014 with an effective date of 01.09.2014.
Regards,
Abbas.P.S
From India, Bangalore
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530The Union Finance Budget will be discussed in Parliament. After any amendments, the Parliament has to pass the budget. Thereafter, the EPFO has to release the circular. Only then will the picture be clear.
Note: The ceiling hike to Rs. 15,000 and a minimum pension of Rs. 1,000 were included in the last budget (one year before). However, the EPFO issued the circular on 28.8.2014 with an effective date of 01.09.2014.
Regards,
Abbas.P.S
From India, Bangalore
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