ENHANCEMENT OF SALARY LIMIT OF EMPLOYEES PROVIDENT FUND
UNSTARRED QUESTION NO-748
Enhancement of salary limit of Employees Provident Fund
748 . SHRI RAMACHANDRA KHUNTIA
MINISTER OF STATE FOR LABOUR AND EMPLOYMENT (SHRI KODIKUNNIL SURESH)
(a) Proposals for enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the threshold limit from 20 to 10 under the Employees Provident Funds & Miscellaneous Provisions Act, 1952 are under consideration of the Government.
(b) A proposal for providing a minimum pension of Rs. 1000/- to member pensioners under Employees’ Pension Scheme, 1995 is also under consideration of the Government.