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STATUTORY WAGE CEILING
EPS-95 Higher Pension: Employees contributing to EPF on actual wages cannot be denied higher EPS 95 pension if they were EPS members on September 1, 2014, rules HCThe Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Providen...
Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
Meal vouchers at Rs 200 per meal: Who gets income tax benefit and how the ‘working hours’ rule appliesThe increase in the tax-exempt limit for employer-provided meals to ₹200 per meal under Rule 15 of the Income-Tax Rules, 2026 marks a signi...
Gratuity may rise under New Labour Code, but your income tax bill could tooThe Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Ac...
8 ways India’s Labour Codes can help build a modern, expanding, and increasingly diverse workforceBy streamlining the old laws, the government has signalled its intent to align India’s regulatory framework with the demands of a $5 trilli...
EPFO’s higher pension plan: Who benefits from it?EPFO has reinstated the option for certain subscribers to link their pension contributions to their full salary, benefiting those who had p...
Has government increased EPF wage ceiling limit of Rs 15,000 in Budget 2026?The Union Budget 2026 has maintained the Employees' Provident Fund (EPF) wage ceiling at Rs 15,000, a limit unchanged since 2014. Experts h...
EPFO wage ceiling hike 2026: Will government raise EPF wage limit from Rs 15,000 to Rs 25,000?The government is looking at raising the Employees' Provident Fund wage ceiling from Rs 15,000 to Rs 25,000. This move aims to bring more w...
EPFO wage ceiling hike impact: What will change if Provident Fund body increases Rs 15,000 limit to Rs 21,000?The Supreme Court has directed the government to increase the Employees' Provident Fund Organisation's (EPFO) wage ceiling of Rs 15,000 wit...
Social security, reimagined: How the new labour code reshapes PF and worker rightsNew labour codes, particularly the Code on Social Security, aim to transform Provident Fund into a social insurance system, aligning with U...
Why your take-home salary won't change much under new labour codes, clarifies labour ministryNew labour codes will not reduce take-home pay for employees whose Provident Fund deduction is on the statutory wage ceiling of Rs 15,000.,...
Higher EPS pension can’t be denied to members retiring after September 1, 2014, once EPFO accepts higher wage contributions, Kerala High CourtKerala High Court recently ruled in favor of employees seeking higher pension. EPFO had denied claims due to bulk contributions made by the...
SC ruling on PF may not impact those paid over Rs 15K per monthThe SC ruling on PF contribution by employers and employees is unlikely to impact those with basic salary and special allowances above Rs 1...
Contribute more to your EPF and earn a pensionIn order to contribute more than the statutory ceiling, the employers are required to exercise an option for higher contributions.
India Inc can limit PF contributions against statutory limit of Rs 6,500 per monthEPFO has on May 27, 2014, issued a circular to this effect. PF is computed at 12% for both employer and employee contributions against basi...
Wind down the Employees Provident Fund, do not expand itLabour ministry’s proposal to raise the statutory wage ceiling for provident fund contributions should be turned down.
With higher wages, workers slip out of social security netThe weakest sections of the workforce now earn more money with state governments hiking minimum wages.