Respect sir / mam in EPF the new amendment is done n now its implemented in practice the limit is rise from 6500rs. to 15000 rs.
From India, Mumbai
1From India, Mumbai
Dear friend
The PF ceiling of Rs. 6500 will continue up to 31.03.2014 and the new slab will be comming in effect from 01.04.2014 I am furnishing the notification for your reference
Regards
Alphonse
9443625359
BREAKING NEWS
WAGE CEILING FOR PF COVERAGE TO BE RAISED TO RS.15,000 per month
Also monthly pension Rs.1000 per month
The Finance Ministry has approved a proposal for providing a minimum monthly pension of Rs. 1,000 to workers in the organised sector, a move which would benefit 27 lakh pensioners immediately.
The ministry has also approved a proposal for raising the basic wage ceiling under the Employees Provident Fund Scheme to Rs. 15,000, from existing Rs. 6,500 per month .
At present, there are about 44 lakh pensioners. Of this 27 lakh, including 5 lakh widows, get less than Rs. 1,000 a month.
The government will provide additional contribution of Rs. 1,217 crore to ensure the minimum monthly pension of Rs. 1,000 starting 2014-15. Pensioners are, therefore, expected to get benefit with effect from April 1 this year.
Labour Minister Oscar Fernandes, however, is yet to decide on whether the move requires the Cabinet approval or not.
The Labour Ministry's proposal on giving a minimum monthly pension of Rs. 1,000 under the EPS-95, run by the Employees' Provident Fund Organisation (EPFO), has been pending for a long time.
Earlier, the Labour Ministry had proposed that government should increase contribution on EPS-95 from 1.16 per cent of basic wage to 1.79 per cent to ensure minimum pension.
However, it did not find favour with the Finance Ministry as this would have resulted in a permanent increase in its contribution.
The Labour Ministry in its revised proposal has asked the Finance Ministry to provide for around Rs. 1,217 crore additional amount every year, and indicated that this amount can come down over a period of time with more members subscribing to EPS-95.
From India, Madras
The PF ceiling of Rs. 6500 will continue up to 31.03.2014 and the new slab will be comming in effect from 01.04.2014 I am furnishing the notification for your reference
Regards
Alphonse
9443625359
BREAKING NEWS
WAGE CEILING FOR PF COVERAGE TO BE RAISED TO RS.15,000 per month
Also monthly pension Rs.1000 per month
The Finance Ministry has approved a proposal for providing a minimum monthly pension of Rs. 1,000 to workers in the organised sector, a move which would benefit 27 lakh pensioners immediately.
The ministry has also approved a proposal for raising the basic wage ceiling under the Employees Provident Fund Scheme to Rs. 15,000, from existing Rs. 6,500 per month .
At present, there are about 44 lakh pensioners. Of this 27 lakh, including 5 lakh widows, get less than Rs. 1,000 a month.
The government will provide additional contribution of Rs. 1,217 crore to ensure the minimum monthly pension of Rs. 1,000 starting 2014-15. Pensioners are, therefore, expected to get benefit with effect from April 1 this year.
Labour Minister Oscar Fernandes, however, is yet to decide on whether the move requires the Cabinet approval or not.
The Labour Ministry's proposal on giving a minimum monthly pension of Rs. 1,000 under the EPS-95, run by the Employees' Provident Fund Organisation (EPFO), has been pending for a long time.
Earlier, the Labour Ministry had proposed that government should increase contribution on EPS-95 from 1.16 per cent of basic wage to 1.79 per cent to ensure minimum pension.
However, it did not find favour with the Finance Ministry as this would have resulted in a permanent increase in its contribution.
The Labour Ministry in its revised proposal has asked the Finance Ministry to provide for around Rs. 1,217 crore additional amount every year, and indicated that this amount can come down over a period of time with more members subscribing to EPS-95.
From India, Madras
Dear Hardik and Alphonse, After approval of the appropriate authorities, the subject of the above news have to be ratified through EPFO circulars. Till then take it as a possibilty. Abbas.P.S
From India, Bangalore
From India, Bangalore
abbasiti Now this things apply and the notification come for the EPF And when the applicable
From India, Mumbai
From India, Mumbai
Respected all,
now their is any new amendment with notification in labour law
just same like as EPF still the notification is not come into force,
if their is any new amendment with notification please Give your valuable GUIDANCE.
REGARD
HARDIK SHAH
7878196828
From India, Mumbai
now their is any new amendment with notification in labour law
just same like as EPF still the notification is not come into force,
if their is any new amendment with notification please Give your valuable GUIDANCE.
REGARD
HARDIK SHAH
7878196828
From India, Mumbai
RESPECTED ALL Its now notification come into force for EPF the celling limit is increase up to 15000 ???????? if any please attach notification given by central government.. regard Hardik Shah
From India, Mumbai
From India, Mumbai
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EPF ON LINE REGN. USER MANUAL.pdf