Govt considers raising EPFO monthly wage cap to Rs 25k-30k; current Rs 15k ceiling fixed in Sept 2014 | India News
NEW DELHI: In a move that could significantly enhance the coverage of Employees Provident Fund Organisation, a proposal to increase monthly wage ceiling beyond the current Rs 15,000 is back on the table amid suggestions that it should be raised to Rs 25,000-30,000 a month.The wage ceiling refers to the salary threshold up to which…