Provident Fund Enhancement of Wage Celling from Rs. 6500/- to 15000/-. when this is going to come inforce and from which month the implementation is going to be, please clarify
From India, Mumbai
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It will take time. EPFO has issued a circular instructing all EOs to visit all covered establishments to:

- Find out the uncovered employees with a salary above Rs 6,500/- and up to Rs 15,000/- per month.
- Discuss with trade unions.

Though both of the above are unnecessary, the final orders of enforcement will come only after this unwanted exercise.

Regards,
Varghese Mathew

From India, Thiruvananthapuram
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Notification on Employees' Pension Scheme 1995 (EPS) Update

Please find the notification dated 23.07.14 regarding the preparatory action for proposals to enhance the minimum pension to Rs. 1000 per month and increase the wage ceiling to Rs. 15,000 per month in the Employees' Pension Scheme 1995 (EPS) attached. Kindly go through the attachment.

Regards,

From India, Mumbai
Attached Files (Download Requires Membership)
File Type: pdf Actuary_MinimumPension_EPS_5905.pdf (90.1 KB, 151 views)

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