The eligibility under Provident Fund Act still stands at Rs.15000/- In Delhi the Minimum Wage is above that limit

sunil-bakshi

The eligibility under the Provident Fund Act still stands at Rs.15000/- In Delhi, the Minimum Wage is above that limit, thus making the Act virtually redundant. As such, a large number of people are losing out on this very important social security measure
9th June 2023 From India, Lucknow

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KK!HR

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This view is incorrect, as an employee once covered will always remain covered and contribution upto the statutory limit has to be made in all cases.
Since there is already a talk of enhancing the PF limit, hope it will soon catch up.
9th June 2023 From India, Mumbai

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The eligibility under Provident Fund Act still stands at Rs.15000/- In Delhi the Minimum Wage is above that limit

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