EPF Update

EPF cover wage limit to be raised from Rs 15,000 to Rs 21,000 The government is set to raise the monthly wage ceiling for mandatory Employees’ State Insurance (ESI) cover to Rs 21,000 from Rs 15,000 at present. The government pays 1.16% of the wages to each subscriber earning less than Rs 15,000 a month …

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EPFO accounts

Over 8 crore EPFO accounts have no birth date, 11 crore missing father’s name  The government today said there are over 8.38 crore EPFO accounts which do not have date of birth of subscriber and in 11.07 crore accounts, father’s name of the members is missing. “There are certain accounts where details of the (EPFO) …

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