pay revision https://fastnewsglobe.com Thu, 30 Oct 2025 17:42:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://i0.wp.com/fastnewsglobe.com/wp-content/uploads/2025/03/fastnewsglobe.png?fit=32%2C32&ssl=1 pay revision https://fastnewsglobe.com 32 32 242798455 Currently, how much PF is deducted for salaried people, know how much EPFO ​​is preparing to limit? https://fastnewsglobe.com/currently-how-much-pf-is-deducted-for-salaried-people-know-how-much-epfo-is-preparing-to-limit/ https://fastnewsglobe.com/currently-how-much-pf-is-deducted-for-salaried-people-know-how-much-epfo-is-preparing-to-limit/#respond Thu, 30 Oct 2025 17:42:04 +0000 https://fastnewsglobe.com/currently-how-much-pf-is-deducted-for-salaried-people-know-how-much-epfo-is-preparing-to-limit/

According to the report, the Central Board of EPFO ​​may discuss this proposal in its next meeting. This meeting is likely to be held in December or January. In such a situation, if the proposal is approved, it will be the first time since 2014 that the salary limit will be revised.

According to the report, the Central Board of EPFO ​​may discuss this proposal in its next meeting. This meeting is likely to be held in December or January. In such a situation, if the proposal is approved, it will be the first time since 2014 that the salary limit will be revised.

At present, it is mandatory for employees earning Rs 15,000 per month or less to join EPF and EPS. Apart from this, employees earning more than Rs 15,000 have the option to stay out of these schemes. At the same time, there is no legal obligation on employers to include such employees in EPF or EPS.

At present, it is mandatory for employees earning Rs 15,000 per month or less to join EPF and EPS. Apart from this, employees earning more than Rs 15,000 have the option to stay out of these schemes. At the same time, there is no legal obligation on employers to include such employees in EPF or EPS.

Apart from this, the labor union had been demanding to increase the salary limit for a long time. He says that today the salary of manual or medium skilled employees in metros is more than Rs 15,000. In such a situation, he does not come under the purview of EPFO. But this problem will end with the implementation of the new limit.

Apart from this, the labor union had been demanding to increase the salary limit for a long time. He says that today the salary of manual or medium skilled employees in metros is more than Rs 15,000. In such a situation, he does not come under the purview of EPFO. But this problem will end with the implementation of the new limit.

According to the rules, every month both the employer and the employee contribute 12 percent of the salary. The entire 12 percent of the employee goes into the EPF account, while the 12 percent of the employer is divided into two parts.

According to the rules, every month both the employer and the employee contribute 12 percent of the salary. The entire 12 percent of the employee goes into the EPF account, while the 12 percent of the employer is divided into two parts.

In which 3.67 percent goes to EPF and 8.33 percent to EPS. In such a situation, if the limit becomes Rs 25,000, then the contribution of both employer and employee in the PF account will increase from Rs 1800 to Rs 3000 per month. That means overall Rs 2400 more will be deposited.

In which 3.67 percent goes to EPF and 8.33 percent to EPS. In such a situation, if the limit becomes Rs 25,000, then the contribution of both employer and employee in the PF account will increase from Rs 1800 to Rs 3000 per month. That means overall Rs 2400 more will be deposited.

At the same time, due to increase in the salary limit, there will be a big increase in the fund amount of both EPF and EPS. This will increase the pension received at the time of retirement and the amount of interest rate will also increase.

At the same time, due to increase in the salary limit, there will be a big increase in the fund amount of both EPF and EPS. This will increase the pension received at the time of retirement and the amount of interest rate will also increase.

At present EPFO ​​has about 7.6 crore active members and its total fund is about Rs 26 lakh crore.

At present EPFO ​​has about 7.6 crore active members and its total fund is about Rs 26 lakh crore.

Published at : 30 Oct 2025 09:50 AM (IST)

Source link

]]> https://fastnewsglobe.com/currently-how-much-pf-is-deducted-for-salaried-people-know-how-much-epfo-is-preparing-to-limit/feed/ 0 103078 Which government employees’ salaries will be increased first by the 8th Pay Commission? Know complete details here https://fastnewsglobe.com/which-government-employees-salaries-will-be-increased-first-by-the-8th-pay-commission-know-complete-details-here/ https://fastnewsglobe.com/which-government-employees-salaries-will-be-increased-first-by-the-8th-pay-commission-know-complete-details-here/#respond Thu, 30 Oct 2025 16:07:26 +0000 https://fastnewsglobe.com/which-government-employees-salaries-will-be-increased-first-by-the-8th-pay-commission-know-complete-details-here/


8th Pay Commission: The 8th Pay Commission has finally been approved. The Union Cabinet has approved the terms of reference for the commission. Now this new pay structure is expected to be implemented from January 1, 2026. Meanwhile, let us know which government employees will be the first to benefit from the 8th Pay Commission.

First benefit to central government employees

Central government employees will be the first to get the benefits of the Eighth Pay Commission. As soon as it is implemented, there will be a direct increase in the salaries of more than 50 lakh working employees. These include employees of some big departments like Indian Railways, Income Tax, Postal Department and Customs.

Armed forces and paramilitary personnel included

Along with this, employees of Indian Army, Navy and Air Force will also be able to avail the benefits of the Eighth Pay Commission. This includes not only officers and soldiers, but also personnel serving in paramilitary forces like BSF, CRPF, CISF, ITBP and SSB. Let us tell you that the pay scales of these employees falling under the jurisdiction of the Central Government will be adjusted according to the new fitment factor.

Benefits for Central Institutions and Autonomous Bodies

Apart from ministries and defense forces, many central educational and research institutions will also benefit from this new salary structure. This includes IIT, IIM, AIIMS, UGC, ICAR and CSIR. Along with this, retired employees working in different sectors will also benefit from the Eighth Pay Commission. There may also be an increase in the pension of these employees.

What could be the fitment factor?

The fitment factor in the Eighth Pay Commission is expected to be between 1.83 and 2.46. That is, if the current basic pay of an employee is ₹ 20000 and the fitment factor is set at 2.5, then the new basic pay will be 20000×2.5=50000. After this increase, allowances like HRA and DA will also be affected. After this the take home pay will be even higher. However, let us tell you that the final fitment factor and pay slab will be decided by the Commission only after evaluating inflation, cost of living and government revenue. This step taken by the Central Government will prove to be a big relief for the central employees and pensioners. According to estimates, there may be an increase of 30% to 34% in the total salary.

Also read: Muslims can buy and keep only this much gold, you will not know this rule of Islam

Source link

]]> https://fastnewsglobe.com/which-government-employees-salaries-will-be-increased-first-by-the-8th-pay-commission-know-complete-details-here/feed/ 0 103046