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
From India, Kanpur
Dear Roorkeehrm,
The Union Finance Budget will be discussed in Parliament. After amendments, if any, the Parliament has to pass the budget. There after EPFO has to release the circular. Then only the picture will be clear.
Note : Ceiling hike to Rs. 15000 and minimum pension as Rs. 1000 are included in the last budget (one year before). But EPFO issued the circular on 28.8.2014 with effective date as 01.09.2014.
Abbas.P.S
From India, Bangalore
The Union Finance Budget will be discussed in Parliament. After amendments, if any, the Parliament has to pass the budget. There after EPFO has to release the circular. Then only the picture will be clear.
Note : Ceiling hike to Rs. 15000 and minimum pension as Rs. 1000 are included in the last budget (one year before). But EPFO issued the circular on 28.8.2014 with effective date as 01.09.2014.
Abbas.P.S
From India, Bangalore
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