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Pf enhancement of wage ceiling from rs. 6,500/- to 15,000/-

Labour & Industrial 1416 views 7 replies

@VaibhavJ

Believe!! Live your dreams!

33521 Points Joined November 2008

Upto 31-Aug-2014 for calculating PF eligibility ceiling on Basic + DA + Spl. Allowance (for Maharashtra) was Rs. 6500.

Means if your establishment is liable to contribute towards PF then as long as Basic + DA + Spl. Allowance of an employee is more than Rs. 6500/- then it was an optional to employer for contribute PF.

However from 1-Sep-2014 limit got Revised to Rs. 15000 from Rs. 6500/-

Find attached Enhancement of wage ceiling from Rs. 6,500/- to 15,000/- under PF.

Thanks!

Attached File : 112266 1360550 pf amendment.pdf downloaded: 318 times

Replies (7)

CS,CA F,Numrologi TusharSampat

CS CA F Numerologist Astrologer Graph

85935 Points Joined May 2010

thanks for timely update.......................................................

Guest

Thanks dear.. Nice and on time...

Chintan Patel

Articleship

223 Points Joined September 2011

Thank You for sharing!

CA Abhilasha Bhagat

ACA

466 Points Joined January 2011

Thanks for the share..

Vaibhav Jandey

Life iz Hard; I'm Harder

1178 Points Joined October 2010

Thank you Vaibhav, I referred to that pdf file could you tell me what is that pension p.m. 1000 Rs ? and why have you mentioned the state Maharashtra ?

@VaibhavJ

Believe!! Live your dreams!

33521 Points Joined November 2008

Originally posted by : Vaibhav Jandey
	Thank you Vaibhav, I referred to that pdf file could you tell me what is that pension p.m. 1000 Rs ? and why have you mentioned the state Maharashtra ?

Hi, after introducing new slabs, govt is planning to pay min of Rs. 1000/- pension to all.

PF is calcilated on Basic Pay + Dearness allowance, however in Maharashtra DA is termed as special allowance hence if you are not paying Dearness Allowance but paying Spl Allowance then PF is to be contributed on Spl Allowance too.

Thanks!!