Minimum and Maximum basic wage on which Contributions to the National Pensions Fund (NPF) & National Savings Fund (NSF) are payable.

Effective Date: 1st July  2018

 

MINIMUM  WAGE

MAXIMUM  WAGE*

 

Pay Period

For Private Household employees

For other employees

For all employees

Daily

65

103

672

 

Weekly

391

618

4032

 

Fortnightly

782

1237

8063

 

Half  Monthly

848

1340

8735

 

Monthly

1695

2680

17470

 

*As from 1st July 2016 an insured person or his employer or both may opt to make contributions on a wage greater than the maximum wage. An application will have to be made for this option.

 Contribution as Self-employed   -   in multiple of 5 not below Rs 170

As from 1st July 2016 an insured person or his employer or both may opt to make contributions on a wage greater than the maximum wage​

​​​