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

Labour & Industrial 1404 views 7 replies

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: 316 times
Replies (7)

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

Thanks dear.. Nice and on time...

Thank You for sharing!

Thanks for the share..

 

 

 

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 ?

 

 

 

 

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!!

Thanku for sharing.smile. Keep sharing.


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