Enhancement of salary limit of Employees Provident Fund-BPS efforts are likely to bear fruits
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Posted: 15 Dec 2013 05:31 PM PST
Enhancement of salary limit of
Employees Provident Fund
Enhancement of salary limit of Employees Provident Fund is
considering to Rs.15000..!
While answering to a question in Parliament, Minister of State
for Labour and Employment Shri Kodikunnil Suresh said that A proposal for
enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the
threshold limit from 20 to 10 under the Employees Provident Funds &
Miscellaneous Provisions Act, 1952 are under consideration of the Government.
A proposal for providing a minimum pension of Rs. 1000/- to
member pensioners under Employees’ Pension Scheme, 1995 is also under
consideration of the Government.
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