WebEPFO wage ceiling to be raised? Ad-hoc committee backs proposal. home. epfo wage ceiling news. Trending News 'No money to print ballot papers': Bankrupt Sri Lanka to … WebApr 18, 2024 · The proposed increase in wage ceiling under the Employees' Provident Fund Organisation (EPFO) to Rs 21,000 a month has been backed by an ad-hoc committee, which has said the government can implement the increase from a later date after deliberations, according to a media report on Monday.
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WebFeb 22, 2024 · Government retirement fund body Employees’ Provident Fund Organisation ( EPFO) has now allowed subscribers to go beyond the pensionable salary capped at Rs 15,000 a month on which employers deduct a sum equal to 8.33 per cent of the ‘actual basic salary’ towards pension under the Employee Pension Scheme (EPS). WebFeb 20, 2024 · The EPFO had amended the scheme in 2014 to cap monthly pensionable basic wages to Rs 15,000. The threshold of Rs 15,000 applies only at the time of joining service. It was revised upward from Rs 6,500 from September 1, 2014 in view of price rise and pay revisions in the formal sector. bunny girl senpai main characters
If employer and employee agree, there’s no bar in EPF enrolment
WebApr 6, 2024 · The SC has dismissed EPFO's appeal against an order of the Kerala High Court. The Kerala High Court had ruled that the Employee's Pension (Amendment) Scheme, 2014 brought in force via notification No. GSR 609 (E) dated 22nd August 2014 is to be set aside. Further the HC had also concluded that employees can choose to contribute to … WebAug 28, 2014 · “The government has notified enhancement of wage ceiling to Rs.15,000 per month, fixed minimum monthly pension at Rs.1,000 under EPS-95 and enhanced the … WebDec 30, 2024 · According to the EPFO circular, only those employees are eligible who contributed to higher wages as mandated under the Employees’ Provident Fund (EPF) Scheme and have exercised their option... bunny girl senpai movie free