What are the Present EPF wages? Now we are contributing @ 12% for both sites on 15000/- (Maximum), the employees who are getting gross salary >15000.00 p.m. excluding HRA. The calculation is ((Gross salary - HRA) x 12%). Can you please guide me about the latest changes in EPF wages (if any)?
Thanks in advance.
From India, Kolkata
4Thanks in advance.
From India, Kolkata
To my knowledge, there is no change in the threshold wages for calculating contributions to EPF as of now.
From India, Salem
From India, Salem
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PF- on minimum wages-EPF appellate tribunal-Award against Deptt..pdf