Employees Provident Fund: PF deduction, wage limit, earned leaves and EPFO suggestion - Latest updates
According to reports, the government is planning to hike the wage ceiling from Rs 15,000 to Rs 21,000.
DNA Web Team
Jan 24, 2021, 08:15 AM IST
Prime Minister Narendra Modi-led government at the Centre is planning to increase the monthly wage ceiling of mandatory Employees' Provident Fund (EPF) soon. According to reports, the government is planning to hike the wage ceiling from Rs 15,000 to Rs 21,000. Sources said that the talks to hike monthly wage ceiling of EPF cover has been going on for quite sometime now. Zee Hindustan reported that a meeting between Labour Ministry officials and the representatives of corporate sector was held to hold discussions over this matter few days ago.