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Results for "EPF"

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the Union Cabinet’s decision to raise the EPFO wage ceiling and expand mandatory provident fund coverage for workers
BusinessPersonal Finance

Cabinet Raises EPFO Wage Ceiling to ₹25,000; Over 51 Lakh More Workers Expected to Get Mandatory Coverage

The Union Cabinet has approved the first increase in the EPFO wage ceiling since 2014, raising it from ₹15,000 to ₹25,000 a month. The change expands mandatory provident fund coverage, but it does not mean every employee earning above ₹25,000 loses EPF eligibility or that ₹25,000 will be deducted fr

Updated 16 Sept 202611 min read