Increase in PF ceiling wage

Ask the Community Statutory Compliance
1

Hi Team,

This is Nisha, i’ve a question to the respective team members that there is a news on increasing PF slab from 15K to 20-25K basic salary. Does anyone have any confirmation on this or any notification regarding same as my company is in-process of initiating Annual Appraisal process.

5 Likes
2

Hi @1907M0194 (Nisha)

Yes, this is proposed and the government is expected to announce its decision in the matter soon. But as of now there is no change, and may be implemented anytime during the next financial year.

2 Likes