New PF contribution rule may reduce your take home salary
Update: In case you are looking for the new EPFO notification about threshold increment from Rs 6500 to Rs 15000, please go to the post below :
June 2014 – EPF threshold raised from Rs 6500 to Rs 15000 – New EPFO Notification
https://wealth18.com/epf-threshold-raised-from-rs-6500-to-rs-15000/
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This post if related to impact on take-home salary if the PF dept decides to include allowances under the ambit of PF deduction.
Did you know that the latest drive of the Provident fund authorities may reduce your take home salary?
Employees Provident Fund Organization (EPFO) is all set to re-notify a new definition of "compensation" that will include all your allowances (no...