Effect of a Wider EPFO Net

Mathrubhumi

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The provident fund wage ceiling has been raised to Rs 25,000, extending social security and benefits to 51 million additional workers across India.

TV9 Kannada

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From September 17, the government has increased the salary limit for the PF scheme from Rs 15,000 to Rs 25,000. With this, the maximum contribution that an employer can make to an employee's EPF account will increase from Rs 1,800 to Rs 3,000. The interest paid by the government will also increase. The employee will get the opportunity to save more money.

TV9 Hindi

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The government has increased the basic salary limit for EPFO coverage from Rs 15,000 to Rs 25,000. This decision will bring 5.1 million new employees in the private sector into the fold. Learn about the impact on those with higher salaries.