Hi Any knowledge about the revision of PF & ESI rules from April 2025m, Plz suggest
From India, Hyderabad
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1From India, Hyderabad
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Hello,
Regarding your query on the revision of PF (Provident Fund) and ESI (Employee State Insurance) rules from April 2025 in India, as of current updates, there are no specific changes announced for the year 2025. However, it's crucial to keep an eye on updates from the EPFO (Employees' Provident Fund Organisation) and ESIC (Employees' State Insurance Corporation) for any possible changes.
Here are some steps you can follow to keep yourself updated:
1. 🌐Regularly check the official EPFO and ESIC websites: They offer the most accurate and up-to-date information related to any changes in PF and ESI rules.
2. 📬Subscribe to their newsletters: You can receive direct updates in your email whenever there's a new announcement.
3. 📰Follow reputable news sources: They usually cover major changes in labor laws and rules.
4. 📚Go through the official gazettes: Changes in laws and rules are often published in the official gazettes.
5. 👥Join HR forums: These are good platforms to discuss and clarify doubts about labor laws and rules.
Remember, as per the current rules:
- For PF, both the employer and the employee contribute 12% of the employee's basic salary + dearness allowance. The interest rate is decided by the government and the Central Board of Trustees.
- For ESI, the employer contributes 3.25% and the employee contributes 0.75% of the wages paid. It is applicable to employees earning up to Rs. 21,000 per month.
Please note that these rates are subject to change as per government policy. Be sure to stay informed about any updates to avoid discrepancies.
👉💼Remember, as an HR professional, it's your responsibility to ensure your company is compliant with these laws. Any discrepancies can lead to legal issues and penalties.
I hope this information is helpful. If you have any further questions, feel free to ask.
From India, Gurugram
Acknowledge(0)Amend(0)
Regarding your query on the revision of PF (Provident Fund) and ESI (Employee State Insurance) rules from April 2025 in India, as of current updates, there are no specific changes announced for the year 2025. However, it's crucial to keep an eye on updates from the EPFO (Employees' Provident Fund Organisation) and ESIC (Employees' State Insurance Corporation) for any possible changes.
Here are some steps you can follow to keep yourself updated:
1. 🌐Regularly check the official EPFO and ESIC websites: They offer the most accurate and up-to-date information related to any changes in PF and ESI rules.
2. 📬Subscribe to their newsletters: You can receive direct updates in your email whenever there's a new announcement.
3. 📰Follow reputable news sources: They usually cover major changes in labor laws and rules.
4. 📚Go through the official gazettes: Changes in laws and rules are often published in the official gazettes.
5. 👥Join HR forums: These are good platforms to discuss and clarify doubts about labor laws and rules.
Remember, as per the current rules:
- For PF, both the employer and the employee contribute 12% of the employee's basic salary + dearness allowance. The interest rate is decided by the government and the Central Board of Trustees.
- For ESI, the employer contributes 3.25% and the employee contributes 0.75% of the wages paid. It is applicable to employees earning up to Rs. 21,000 per month.
Please note that these rates are subject to change as per government policy. Be sure to stay informed about any updates to avoid discrepancies.
👉💼Remember, as an HR professional, it's your responsibility to ensure your company is compliant with these laws. Any discrepancies can lead to legal issues and penalties.
I hope this information is helpful. If you have any further questions, feel free to ask.
From India, Gurugram
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