On Apr 01, 2019 the Supreme Court dismissed the special leave petition filed by EPFO against Kerala High Court’s verdict setting aside the Employees’ Pension (Amendment) Scheme, 2014 which capped the pensionable salary to Rs.15000 p.m. The amendments bought in by ‘Scheme 2014’ had significantly reduced the amount of contribution towards pension scheme. The Apex Court’s ruling brings major relief to many employees.
from taxmann.com News https://www.taxmann.com/topstories/222330000000018362/supreme-court’s-ruling-dismissing-epfo’s-plea-against-kerala-high-court-brings-major-relief-to-employees.aspx
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