SShortSingh.
TopTechnologyAI & MLStartupsProgrammingScienceBusinessFinanceCrypto & Web3World
Back to feed
India

EPFO Caps Mandatory PF Contribution at Rs 1,800 on Rs 15,000 Wage Ceiling

0
·1 views

The Employees' Provident Fund Organisation (EPFO) has introduced a new rule set to take effect in 2026. Under this change, mandatory provident fund contributions will be calculated only on the statutory wage ceiling of Rs 15,000 per month. This means the compulsory PF deduction will be capped at Rs 1,800 monthly, which is 12% of the Rs 15,000 ceiling. Employees earning above this threshold will not have mandatory contributions calculated on their full salary. The move is expected to directly affect the take-home pay and retirement savings structure of salaried workers across India.

Read the full story at NDTV

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
IndiaNDTV ·

Palo Alto Networks CEO: AI Could Cut Corporate Team Sizes by Half in 3 Years

Palo Alto Networks CEO Nikesh Arora has predicted that artificial intelligence will significantly shrink corporate workforces in key departments. He specifically cited marketing, HR, and finance as areas where team sizes could be reduced by as much as 50%. Arora believes these changes could unfold within the next three years. At the same time, he noted that demand for workers with AI skills and expertise is expected to rise.

0 comments Read more at NDTV
EPFO Caps Mandatory PF Contribution at Rs 1,800 on Rs 15,000 Wage Ceiling · ShortSingh