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)
It will applicable from 1st August 2014
Notification in this regard is likely to be issued. in the third week of Aug’14.
Can anybody inform that from which date is it applicable
May be 2nd week of AUgust 2014,Notification will be published
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
Please update me
Please update me on the correspondence on the subject.
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
Notification in this regard is likely to be issued.
Can anybody inform that from which date is it applicable