Dear All, Pl find attached PF amendment circular dated 14/07/2014 of Provident Fund Enhancement of Wage Celling from Rs. 6500/- to 15000/-. This is for your kind information pl.
From India, Nasik
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48From India, Nasik
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Hi, Still we need to wait final notification will come, this is only the amendment and the enhancement on wage ceiling.
From India, Mumbai
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From India, Mumbai
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Dear Sir, Please confirm the date of applicable of the notice.
From India, Kumar
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From India, Kumar
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Dear friends,
Thanks, Mr. Ganesh for the update. Going by the circular attached by Mr. Ganesh, it's reliably known that EPFO is on track to issue the necessary notification. In all probability, it's going to be with prospective effect only. Therefore, all the employers and employees may start working out the financial implications respectively.
From India, Bangalore
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Thanks, Mr. Ganesh for the update. Going by the circular attached by Mr. Ganesh, it's reliably known that EPFO is on track to issue the necessary notification. In all probability, it's going to be with prospective effect only. Therefore, all the employers and employees may start working out the financial implications respectively.
From India, Bangalore
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Mr. Ganesh,
Thanks for the circular uploaded. However, the circular is internally issued from department to department, so please do not misguide the employers.
Aside: Employers should wait until notifications are issued by the local concerned regions.
Thank you.
From India, Bangalore
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Thanks for the circular uploaded. However, the circular is internally issued from department to department, so please do not misguide the employers.
Aside: Employers should wait until notifications are issued by the local concerned regions.
Thank you.
From India, Bangalore
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Hi All, As per the new notification what would be the PF deduction from employee is his Basic + DA is 17000. Please confirm Vinod Krishnadas
From India, Trivandrum
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From India, Trivandrum
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Thanks Ganesh, Finance minister also increased minimum EPF pension to 1000. Any one who come across notification on minimum pension, please share it on this forum.
From India, Thane
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From India, Thane
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Dear HR Fraternity,
Sub: EPFO members to get portable Universal Account Number (UAN)
The Labour Ministry informed the Lok Sabha yesterday that all active contributors of EPFO will receive a portable Universal Account Number (UAN) very soon, preferably by 15th October 2014. This UAN portability will be effective throughout the working career of the EPFO member and can be used anywhere in India.
Attached herewith is the news article for reference.
Thanks,
Anil Sharma
From India, Pune
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Sub: EPFO members to get portable Universal Account Number (UAN)
The Labour Ministry informed the Lok Sabha yesterday that all active contributors of EPFO will receive a portable Universal Account Number (UAN) very soon, preferably by 15th October 2014. This UAN portability will be effective throughout the working career of the EPFO member and can be used anywhere in India.
Attached herewith is the news article for reference.
Thanks,
Anil Sharma
From India, Pune
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Hi can any one clarify me about our net salary affect because of epf wages increases to 15000.. Will employee suffer on his take home salary or not?? Please give clear explanation.
From India, Chennai
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From India, Chennai
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Dear Vinod,
Once the PF ceiling is raised from Rs 6500 to Rs 15000 per month, as per the notification to be issued by the PF department soon, the employee whose salary is Rs 17000 per month (Basic & DA), the PF deduction from the employee and employer will be on Rs 15000 per month at 12% and 13.61% respectively. So, the total contribution (25.61%) will be deposited, i.e., Rs 3842 per month.
Hope this is clear to you.
From India, Calcutta
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Once the PF ceiling is raised from Rs 6500 to Rs 15000 per month, as per the notification to be issued by the PF department soon, the employee whose salary is Rs 17000 per month (Basic & DA), the PF deduction from the employee and employer will be on Rs 15000 per month at 12% and 13.61% respectively. So, the total contribution (25.61%) will be deposited, i.e., Rs 3842 per month.
Hope this is clear to you.
From India, Calcutta
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