Basic salary limit for PF increased to ₹ 25 thousand: Change after 12 years; This will increase the scope of savings and pension of employees
4 minutes ago copy link Now companies will have to include employees with basic salary up to Rs 25 thousand in the ambit of PF. The Union Cabinet on Wednesday increased the mandatory basic salary limit for EPF and EPS from ₹15,000 to ₹25,000 per month. Union Minister Ashwini Vaishnav said that with this, 51…