TopOngoing1 day ago
EPFO wage ceiling of ₹25,000 too little, too late, says AITUC
Union Cabinet hikes EPFO wage ceiling from ₹15,000 to ₹25,000; AITUC calls the move too little, too late and demands ₹30,000 with an automatic revision mechanism.
Why it matters
51 lakh+ additional employees come under mandatory EPFO coverage; employee PF contribution rises ₹1,200/month; government outgo up ₹1,089 crore/year.