Cabinet raises EPFO wage ceiling to Rs 25,000 from existing Rs 15,000
The Union Cabinet has approved an increase in the EPFO wage ceiling from Rs 15,000 to Rs 25,000. This marks the first revision since September 2014, when the limit was last raised from a figure that had remained frozen since 2004. The hike is aimed at reflecting wage growth that has occurred over the past decade. The revision follows the government's periodic approach to updating the ceiling to keep it aligned with prevailing salary levels.
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