New Delhi, July 11 -- Recent updates to Labour Codes and EPF rules mean that there are some significant changes that salaried employees must keep in mind while investing in the provident fund. Notably, developments in both have impacted how your salary is structured and amount your employer is mandated to contribute towards EPF, respectively.

Here are the key highlights:

Gibin John, Senior Investment Strategist at Geojit Investments noted that as per the new EPF contribution rules, the statutory EPF contribution is capped at Rs.1,800 per month, which is 12% of the statutory wage ceiling of Rs.15,000, but the contribution rate itself has not changed.

"Any contribution on wages above the Rs.15,000 ceiling can be made only if the employer...