Got salary on Friday? Wondering why is your in-hand amount lower this month? The new EPF ceiling of ₹25,000 explained

Summary
Some employees saw lower October take-home pay after the government raised the mandatory EPF wage ceiling from ₹15,000 to ₹25,000. Calculations explained for different wages.
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Got salary on Friday? Wondering why is your in-hand amount lower this month? The new EPF ceiling of ₹25,000 explained
Some employees saw lower October take-home pay after the government raised the mandatory EPF wage ceiling from ₹15,000 to ₹25,000. Calculations explained for different wages.