Minimum and Maximum basic wage on which Contributions to the National Pensions Fund (NPF) & National Savings Fund (NSF) are payable.Effective Date: 1st July 2019
| MINIMUM WAGE | MAXIMUM WAGE* |
Pay Period | For Private Household employees | For other employees | For all employees |
Daily | 70 | 111 | 721 |
Weekly | 420 | 663 | 4325 |
Fortnightly | 840 | 1327 | 8649 |
Half Monthly | 910 | 1438 | 9370 |
Monthly | 1820 | 2875 | 18740 |
*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
