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[BUSINESS] · India · 19 sources

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Part of situation: India EPFO social security expansion (5 clusters)

India Cabinet raises EPFO mandatory wage ceiling to Rs 25,000

EPFO wage ceiling social security provident fund Indian Cabinet

The Indian Union Cabinet has approved an increase in the mandatory wage ceiling for the Employees’ Provident Fund Organisation (EPFO) from Rs 15,000 to Rs 25,000 per month. This marks the first revision of the threshold in 12 years, having last been updated in September 2014.

The decision is expected to bring between 51 lakh and 1 crore additional employees under mandatory social security coverage. This expansion provides wider access to provident fund savings, the Employees’ Pension Scheme (EPS), and the Employees’ Deposit Linked Insurance Scheme (EDLI). The government stated the move reflects sustained wage growth and the expansion of formal employment.

Financially, the enhancement is estimated to increase annual government expenditure by approximately Rs 11,339 crore, up from the current Rs 10,250 crore. The total estimated expenditure over a five-year period is approximately Rs 56,696 crore. The new rules are scheduled for implementation on September 17.

Entities

Ashwini Vaishnaw · Employees' Provident Fund Organisation · Employees’ Provident Fund Organisation · Mansukh Mandaviya · Ministry of Labour and Employment · Narendra Modi · Union Cabinet of India

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

12 साल बाद बदला PF का नियम: ₹15,000 से बढ़कर ₹25,000 हुई वेज लिमिट, केंद्रीय कैबिनेट की मंजूरी से 51 लाख से ज्यादा कर्मचारियों को बड़ा फायदा [newsindialive.in]
Central Government Increases PF Salary Limit To 25000 Rupees For Employees [www.zoomnews.in]
EPFO में बड़ा बदलाव! ₹15,000 की जगह अब ₹25,000 होगी वेतन सीमा, 51 लाख कर्मचारियों को मिलेगा फायदा [hindi.webdunia.com]
Cabinet raises EPFO mandatory coverage wage ceiling to Rs 25,000; 51 lakh more workers to benefit [desitalkchicago.com]
Higher EPFO Wage Ceiling: How the Change Could Strengthen Worker Protection and Formal Employment - Business News Week [businessnewsweek.in]
EPFO Wage Ceiling Hike: EPFO वेतन सीमा बढ़ने से एंप्लॉयर्स पर बढ़ेगा बोझ, हर कर्मचारी पर 1,200 रुपये तक बढ़ सकता है खर्च- epfo wage ceiling hike to rs 25000 may raise employer costs and affect take home salary - बिज़नेस स्टैंडर्ड [hindi.business-standard.com]
ईपीएफओ की वेतन सीमा बढ़ाने से सामाजिक सुरक्षा को मिलेगा विस्तार, रिटायरमेंट के बाद आर्थिक सुरक्षा होगी मजबूत: उद्योग संगठन [samacharnama.com]
PF- Rules Change After 12 Years, Check the Impact on Take-Home Pay [www.timesbull.com]
EPFO Updates: Get All Your PF Info on WhatsApp Now! Here's How [newsable.asianetnews.com]
नौकरी करने वालों को 7 लाख की जगह मिलेंगे 10. 50 लाख, EDLI स्कीम पर बड़ा तोहफा [hindi.news18.com]
25 हजार रु प्रति माह वेतन तक पीएफ - Naya India-Hindi News, Latest Hindi News, Breaking News, Hindi Samachar [www.nayaindia.com]
EPFO Wage Ceiling: PF की सीमा 15,000 रुपये से बढ़कर 25 हजार रुपये, 51 लाख से ज्यादा कर्मचारी आएंगे दायरे में, समझें आपकी सैलरी पर क्या होगा असर? [www.mpbreakingnews.in]
Business News | EPFO Wage Ceiling Hike Could Benefit Up to 1 Crore New Workers: Mandaviya [www.latestly.com]
EPFO का नया फैसला, 25,000 रुपये तक वेतन वालों को मिलेगा PF पेंशन और बीमा लाभ [hindi.newsbytesapp.com]
Indians earning up to ₹25,000/month can now get PF benefits [www.newsbytesapp.com]
EPF Wage Limit Doubled? Govt Raises Ceiling To Rs 25,000 From Rs 15,000; Here's What Changes [news.abplive.com]
Big EPFO change: Wage ceiling hiked to Rs 25,000, 51 lakh more workers to enter mandatory coverage [english.mathrubhumi.com]
EPFO wage ceiling increased from Rs 15,000 to Rs 25,000; 51 lakh more employees to get coverage [www.news9live.com]
EPFO wage ceiling raised to Rs 25,000, 51 lakh more workers to get coverage [www.newindianexpress.com]