Epf
This query is : Resolved
jiji parel
(Querist)
29 August 2014
what it means EPF Increased to 15k?
29 August 2014
It means that if the salary of an employee exceeds Rs 15000 then the employer can choose to limit the PF contribution to 12% of Rs 15000
Earlier the limit was Rs 6500.
So now an employee whose salary exceeds Rs 6500 will contribute more to PF
Earlier the limit was Rs 6500.
So now an employee whose salary exceeds Rs 6500 will contribute more to PF
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