Categories: Business

Cabinet approves raising EPFO wage ceiling from Rs 15,000 to Rs 25,000; all you need to know

The EPFO wage limit had remained unchanged between 2004 and 2014. It was raised to Rs 15,000 in September 2014. The latest decision follows the same approach of periodically updating the ceiling, with the new Rs 25,000 limit intended to account for wage growth.

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