PF Contribution – Few Facts
UNDER EPF: The contributions are payable on maximum wage ceiling of Rs 15000/- by employee and employer. The employee can pay at a higher rate and in...
Clarification for salary above 15000/-
Telephone: 011-26172677 EMPLOYEES’ PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14, Bhikaiji Lama Place, New Delhi -110 066. Letter No. Pension-1/12/33/EPS...
Payment of Employer’s Contribution by 15th of the following month
The EPFO has issued EPF Circular No. WSU/9(1)2013/Settlement/35031 dt. 8 Jan., 2016, removing the grace period of 5 days for depositing PF and hence Feb., 2016 onwards the due...
Bonus Act Amendments
The Payment of Bonus (Amendment) Act, 2015, provides for enhancing monthly bonus calculation ceiling to Rs. 7,000 per month from the existing Rs. 3,500. It also enhances the eligibility...
Maharashtra Minimum Wages
Maharashtra Minimum Wages July 1, 2015 to December 31, 2015 Name of the Scheduled Employment Total Minimum Wages Per Month (in Rs) Zone I Zone II Zone III Basic Pay...
PF ESIC rates
Type Description Responsibility Contribution PF 12% of Basic+DA Employee PF 12% of Basic+DA Employer of which or Max 541 Rs1250 for Pension Fund EDLI of Basic+DA or Max...