Epf

This query is : Resolved 

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


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