Economy தமிழ்
Finance Ministry clears a proposal to raise the EPF wage ceiling from ₹15,000 to ₹25,000

Economy

Finance Ministry clears a proposal to raise the EPF wage ceiling from ₹15,000 to ₹25,000

It now goes to the Union Cabinet.

Reports say the Finance Ministry has cleared a proposal to raise the mandatory EPF/EPS wage ceiling from ₹15,000 to ₹25,000. It now goes to the Union Cabinet. If approved, workers on ₹15,000–₹25,000 basic pay would also fall under mandatory PF. The change may apply from April 2027; no official notification yet.

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