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What is the upper wage limit for calculating PF contribution?

April 26, 2017calculating contribution limit PF Upper Wage

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What is the upper wage limit for calculating PF contribution?

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The statutory wage ceiling for calculating PF contribution is Rs.6500/- per month. However, the contribution can be made on higher salary at the option of the employee and employer. Contribution under EPS can be made on higher wage limit only from the date the wage exceeds the ceiling limit and not subsequently.