Employees’ Provident Fund Organisation

(Ministry of Labour, Govt. Of India)

Head Office

Bhavishya Nidhi Bhawan, 14- Bhikaji Cama Place, New Delhi — 110066 

No. Coord/3(6)20111Amendment Scheme/9235, Dated:14.07.2014

Subject:  Enhancement of wage ceiling from Rs. 6,500 to 15,000 — urgent need of preparatory activities.

The Honible Union Minister of Finance in the Budget speech for 2014-15 has announced enhancement in statutory wage ceiling for enrolment under the EPF & MP Act 1952 to Rs. 15,000/- per month from the current maximum of Rs. 6,500/- per month. The notification for same is likely to be issued shortly.

2. In view of above, the following preparatory activities are required to be initiated immediately:

a)       The total number of establishments in your office be listed out Enforcement Officer wise. Further, in respect of each establishment “Enforcement Group” and “Enforcement task-id” shall be compulsorily marked in the Application Software;

b)       The Enforcement Officer may be directed to visit the establishments to check the total number of employees drawing salary beyond Rs.6,500/- and upto Rs. 15,0001- and not enrolled as members. The data so collected shall be required immediately after issue of the notification;

c)       The tour programme of Enforcement Officer shall be chalked out in such a way that they visit establishments where there is concentration of large number of workers particularly the building and construction industries, placement agencies etc.;

d)       Wherever the Enforcement Officers visit the establishment they should also meet the representatives of the workers’ unions and apprise them about the said likely notification enhancing the statutory wage ceiling;

e)  Meeting may be arranged to apprise the establishments about the intent of the notification and assist
them in implementing the same once it is issued.

Yours faithfully,

(P.K. UDGATA)

Addl. C. P. F. C. -I (Compliance)

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Category : Corporate Law (4182)
Type : Notifications (16083) Notifications/Circulars (32645)
Tags : EPF (302)

0 responses to “Enhancement of wage ceiling from Rs. 6,500 to 15,000 — urgent need of preparatory activities”

  1. Alok says:

    It will applicable from 1st August 2014

  2. Satish Singh says:

    Notification in this regard is likely to be issued. in the third week of Aug’14.

  3. Kapil Agarwal says:

    Can anybody inform that from which date is it applicable

  4. BALASUBRAMANIAN says:

    May be 2nd week of AUgust 2014,Notification will be published

  5. Harjit Singh says:

    Salary as per EPF 10000.00
    P.Fund -cutting of Employee & Employer : when ceiling limit was 6500/- (780+780, which is 12% of 6500)

    Now (When Ceiling Limit is 15000/-) Your Cutting + employer cutting (12% on 10000/-) i.e. 1200+1200

  6. SANDEEP SHARMA says:

    Please update me

  7. SANDEEP SHARMA says:

    Please update me on the correspondence on the subject.

  8. ramasharan sp says:

    certain est not extending the facility of epf stating the wage/salary is more than Rs6500/- pm , this has come as boon , need one clarification on this ,what wage means is, whether gross salary or only basic salary excluding other emoluments such as DA, HRA etc

  9. s sudarshana says:

    Notification in this regard is likely to be issued.

  10. Sudeep Nevatia says:

    Can anybody inform that from which date is it applicable

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