1st September 2014 will see an increased PF contribution due to enhancement of the PF statutory wage limit by 130% from Rs. 6,500 to Rs.15,000. This social security measure will now match the ESI contribution limit.
Click for the Notification: PF Notification
Let’s look at the impact of the amendment in the gazette notification dt. 22-08-2014 –
The company [...]Read more