Monthly EPF Wages As On Joining
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Dear Mr. Saikumar,Thank you for your kind information.I want to know whether there have been any changes (amendments) in the ceiling of the salary (above Rs. 8000/-).In the case of a workman who is eligible for compensation under this act and receives a gross sa...
Dears,Under Employee’s Compensation Act, 1923 the monthly wages limit has been enhanced form Rs.4000/- to Rs.8000/- w.e.f. 31/05/20101\. Is there any recent change in the ceiling on monthly wages?2\. Is the monthly wages only Basic + DA as per MW Act or Gross Sa...
What will be the components for calculating monthly EPF wages for an employee?
For employees who joined before 2014 in PF, monthly wages as of joining were not updated in the PF portal. How to update this? It would be beneficial if anyone could help.
To update the monthly wages for employees who joined before 2014 on the PF portal, follow these practical steps:**Step 1: Verify Existing Data**- Check the current PF portal to confirm that the monthly wages for these employees are indeed not updated.**Step 2: G...
PF wages of 15,000/- per month at the EPFO portal mean the organization is contributing PF up to the ceiling limit, which is 15,000/-. However, the actual PF Gross is 30,000/- as mentioned in the original post.If this is the first time employment of the employee...
If you keep it at Rs 15,000, then put Rs 15,000 as PF wages. For the month of joining, since the number of days is less, let's say 15 days. You can show the wages earned as Rs 7,500 or whatever is payable in proportion to Rs 15,000.
Hello all,I am new to EPFO and need suggestions specifically for employers.If someone joins the organization in the middle of the month with a monthly salary of up to 30k, once I create an employee registration in the EPFO portal, what would be the Monthly EPF W...
How can we change EPF wages on the joining date?
To change EPF wages on the joining date in Delhi, India, follow these steps:**Step 1: Verify Eligibility**- Ensure that the EPF (Employee Provident Fund) rules allow for changes to be made to the wages on the joining date.**Step 2: Obtain Necessary Documentation...