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Labour Min Makes EPF Contributions Beyond Rs 1,800 Voluntary
- The Employees' Provident Fund Scheme, 2026 was introduced to modernize the provident fund system with digital compliance and portable PF accounts, replacing the 1952 scheme.
- The mandatory EPF contribution rate remains at 12% of wages with a Rs 15,000 monthly wage ceiling, capping compulsory contributions at Rs 1,800 for employees earning above this amount.
- Contributions above Rs 1,800 monthly are voluntary, and employers are not legally required to match employee contributions beyond the statutory limit, though higher voluntary contributions can be mutually agreed upon.
- The scheme aims to increase salary structuring flexibility and digital governance, potentially increasing employees' take-home pay if contributions are limited to the statutory minimum.
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14 Articles
14 Articles
The monthly contribution to PF has now been limited to Rs 1,800. If you wish to contribute above this amount, it will be up to you.
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Coverage Details
Total News Sources14
Leaning Left0Leaning Right6Center1Last UpdatedBias Distribution86% Right
Bias Distribution
- 86% of the sources lean Right
86% Right
14%
R 86%
Factuality
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