Newsletter Subject

The government_is mulling to raise the Employees Provident_Fund Organisation EPFO

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spacencloud.com

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newsletters@spacencloud.com

Sent On

Fri, May 3, 2024 05:42 AM

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[Govt May Hike Wage Ceiling Under EPFO To Rs 21000 From Rs 15000]( [The last amendment on the cap of salary was made in 2014 wherein the government had raised the PF salary limit from Rs 6500 to Rs 15000. The government is mulling to raise the Employees Provident Fund Organisation EPFO wage ceiling from Rs 15000 to Rs 21000 as per reports in the Economic Times. ET quoting official sources said that the government is considering the move in a bid to widen the social security net by increasing the wage ceiling. It may be noted that the members of EPFO have long been in favor of the increase in the wage ceiling. The last amendment on the cap of salary was made in 2014 wherein the government had raised the PF salary limit from Rs 6500 to Rs 15000. On one hand while the new limit will bring more people under the ambit it will also make a burden for the government.](..... Â [Read More]( To Unlist [Click Here](

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