PF wage ceiling raised from ₹15,000 to ₹25,000, the first rise in 12 years
Summary
The Cabinet approved it on 16 September and the Labour Ministry notified it in the Gazette on 17 September (S.O. 5109(E)), effective that day.
Key points
- Maximum employee contribution ₹1,800 → ₹3,000
- Maximum employer EPS ₹1,250 → ₹2,083
- September wages split pro rata at the 16th/17th, filed in a single ECR
- The ESIC ceiling of ₹21,000 is unchanged
What it means for Korean companiesFactories and service entities with many staff earning ₹15,000–25,000 a month will see labour costs rise. Check whether your September return needs correcting.