I work in HR dept of a small company which looking for a salary structure to avoid higher PF contribution after new amendments in PF law. Does anyone have a new structure or suggestions??
From India, Pune
Acknowledge(0)
Amend(0)
From India, Pune
Acknowledge(0)Amend(0)
Dear Megha Madhulika,
I believe your query pertains to the ceiling hike of salary to Rs. 15,000/- and the minimum pension of Rs. 1,000/-. To my knowledge, EPFO has not released any circular regarding this matter. I anticipate that the aforementioned proposal may be implemented starting from the 1st of April, 2014. However, please wait for the release of the circular by EPFO.
Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
530I believe your query pertains to the ceiling hike of salary to Rs. 15,000/- and the minimum pension of Rs. 1,000/-. To my knowledge, EPFO has not released any circular regarding this matter. I anticipate that the aforementioned proposal may be implemented starting from the 1st of April, 2014. However, please wait for the release of the circular by EPFO.
Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
Salary Sheet & PF PT Calculation & Challan Nov 2010.xls
Creating a Competitive Salary Structure.doc
Salary Structure.zip