Cabinet approves raising EPFO wage ceiling to Rs 25,000
The move expands social security coverage for more workers under EPFO
The Union Cabinet has approved an increase in the wage ceiling for Employees' Provident Fund Organisation (EPFO) contributions from Rs 15,000 to Rs 25,000 per month. This decision is intended to expand social security coverage to more salaried employees.
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The Union Cabinet has approved raising the wage ceiling for Employees' Provident Fund Organisation (EPFO) contributions from Rs 15,000 to Rs 25,000 per month. This change aims to extend social security benefits to a larger number of salaried employees, officials said on September 16.
अक्सर पूछे जाने वाले सवाल
- Who benefits from the wage ceiling increase?
- Salaried employees whose monthly wages are between Rs 15,000 and Rs 25,000 now gain EPFO coverage.
- What is the EPFO contribution wage ceiling?
- It is the maximum monthly wage amount on which EPFO contributions are calculated.
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