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Increase EPF Basis Limit

sai_siva
Active Participant
0 Kudos

Dear All,

EPF India has increased the EPF basis limit from Rs. 6500/- to Rs.15000/- effective from 1-Sep-2014.

Can u please let me know the details of S note on above change.

Thank you,

Sai

Accepted Solutions (0)

Answers (6)

Answers (6)

leelamohan_kavali
Active Contributor
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Dear Sai,

Below is manual changes for EPF as per SAP note, SAP has given only PDF config document where consultant can do

If do you have any query let us know ''

Ur's Mohan

Former Member
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Former Member
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Hi

Can anyone tell me the same note for HRCIN component 470

former_member216910
Participant
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Hi Saisiva, SNote - 2041819 Table T511p, "PFBAS" constant delimit the date and mention Rs.15000. Regards P.Lakshmanaperumal

Former Member
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Hi Lakshman,

This Is Note is Related to New Budget Changes,

Can you Please provide the New PF changes Related NOTE whihc is effective from 01.SEP.2014?

Thanks & Regards,

Sajid Ali Khan

former_member216910
Participant
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Hi Sajid, Regarding PF ceiling limit changes, Snote is  not yet released. Reagrds P.Lakshmanaperumal

Former Member
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hi.

Ok thank you..

Can Any one Tell the full changes of PF relatedd ones

1. PF (EE and ER) Contribution.

2. Pension Contribution (If Changed).

3. VPF Contribution (If Changed).

4. EDLI Contribution (Please Give give info More on this).

Thanks in Advance

Regards,

Sajid

former_member201807
Contributor
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former_member201807
Contributor
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Hi Nanny,

SNote stand for sap note!

If there are any standard change or any notification issued by the appropiate autority which impact on any state or any country.

On the basis of change sap release a note or patch (readymade solution) which directly downloaded in individual sap system,after activated the change sap syaytem updated automatic i.e there is no need to change mannual.

PF celling wage change with effect from 01st september 2014, so sap suppose to release the note related to change.

Regards,

Rakesh

former_member221248
Active Participant
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Thanks for your update.

former_member221248
Active Participant
0 Kudos

Dear Sai,

Kindly check below Tables & let me know incase any issues.

PF:

   V_T7INF1 - Define Trust Details for Provident Fund

   V_T7INF5, - Assign Company Rates for Provident Fund

   V_T7INF7-Define PF Trust Validity Period

   40EPF Feature, in this Employer PF No , Pension No  (1/ER REF NO.  /ER PENSION REF. NO)

   V_T7INF3- Define Contribution type for Statutory rates for Provident Fund

ESI:

   VV_511P_B_ESILT_AL0 - Maintain ESI Basis Limit

   VV_511P_B_ESIMN_470- -Maintain Average Wage Per Day Limit

   VV_511K_B_DYSMN_470-Maintain Number of Working Days in a Month

   V_T7INE1, - Define Personnel Area and Subarea Groupings for ESI

   V_7IN0P_ESI -Assign ESI Groupings for Personnel Area and Subarea

   V_T7INE3-Maintain Contribution Rates for ESI

Regards,

Nanny

sai_siva
Active Participant
0 Kudos

Dear Nanny,

Thank you for responding, but we need S Note applicable.

Thanks and Regards,

Sai

former_member221248
Active Participant
0 Kudos

Dear Sai,

S Note applicable i didnt get it? Please explain. Maybe i can help you or get information on the same.

Regards,

Nanny