LatestCorporate Compliance 9 October 2026
New EPF Salary Rule: Check If Your Pay Qualifies
The Employees' Provident Fund (EPF) has introduced a new coverage rule that determines whether a worker’s salary will be eligible for PF contributions under the updated scheme. Only salaries meeting the specified threshold will attract the EPF interest rate, while others may be excluded, prompting employees to review their pay slips and employers to adjust contributions accordingly.
New EPF Coverage Rule
- The EPF board now requires a minimum salary threshold for PF contributions.
- Salaries below the threshold will not earn the standard EPF interest rate.
- Employees should verify their pay slips; employers may need to adjust contribution calculations.
For full details, see the article on CAclubindia.
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