Don’t cut salaries after EPF wage ceiling rises to Rs 25,000 from Rs 15,000: Ministry directs employers to bear statutory contribution, not pass it on to employees through CTC adjustments
The directive seeks to address concerns that companies may try to absorb the contribution by adjusting it against employees’ CTC. (Image for representative purpose only) Will your take home salary come down with the Employees’ Provident Fund Organisation (EPFO) raising the wage ceiling for provident fund calculation purposes from Rs 15,000 to Rs 25,000?On September…
