EPFO Update: Now PF can be deducted on this salary, not Rs 15,000. check details

EPFO PF Deduction New Rule: If you look closely, a large segment of the population is employed. People work throughout the month and receive a salary, which helps them earn a living and save for their future.

Furthermore, PF is also deducted from employed individuals as per the rules. The Employees’ Provident Fund Organization (EPFO) opens PF accounts for employed individuals. A fixed amount is deducted from the employee’s salary each month, and the company also deposits the same amount into the employee’s PF account. The government also pays annual interest on this amount. But did you know that the current salary limit for PF deductions may be increased? You can learn more about this later. So, let’s find out how much PF is currently deducted from employees and how much this limit could increase to…