Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381

Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381

Warning: preg_replace(): Empty regular expression in [path]/showthread.php on line 2381
Labour Update: EPF - Enhancement Of Wage Ceiling - G.O Released - CiteHR

No Tags Found!

SH

Shai89308

Executive Hr

AS

Ammu Shanvi

Human Resource

GS

G SHASHI KRISHNA

Senior Manager - Hr

AH

Aizant HR

Human Resources

MA

MARSHAL

Safety Officer

AK

Anish Katoch

Hr Executive

PR

PranjalR

Hr Recruiter

AP

Alka Pal

Hr Executive

Karthikeyan8195

Management Consultant

MK

Mohit Kumar Puri

Head Marketing

AU

Austex

Accounts Manager


Pragnaa HR Compliance Services
181

Dear All,
The Government Notification related to EPF - Enhancement of wage ceiling has been published. Please find attached the copy of same.
This shall come into force on and from the 1st day September, 2014.

From India, Chennai
Attached Files (Download Requires Membership)
File Type: pdf GO EPF Wage ceiling - 2014.pdf (259.2 KB, 1200 views)

Ramesh Kumar.S.N.
8

In case do we need to revise all the employees salaries ??? my doubt is as of now we go ahead with restricted wages of 780/-deduction for those whose basic is more then 6500/- and if less then the ceiling we calculate 12% on basic.
Let me correct , now we have to take the celing as 15K as base, if more then that do we need to fix the standard deduction of PF as 1800(12% on 15K) and less then that depends on basic *12%.
Please clarify

From India, Chennai
Anonymous
Dear Sir,
Please clarify that under the EPF Act, the employer can not bring down the contributions from the Basic Salary (as defined in the act) of Rs. One lac p.m. to Rs.15000 as per provision of the Act.
The organization at present deducts and contributes on the Basic Salary irrespective of the amount of Basic Salary ( Rs. 50000 p.m. to 1.50 Lac p.m.). It now wishes to deduct and contribute only as per the act i.e upto Rs.15000 only for all the employees.
Is it possible under the Act to do so?
Please clarify.
Thanks & Regards

From India, Delhi
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.




About Us Advertise Contact Us Testimonials
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.