Cabinet approves raising EPFO wage ceiling from Rs 15,000 to Rs 25,000
The Union Cabinet approved raising the Employees' Provident Fund Organisation (EPFO) wage ceiling from ₹15,000 to ₹25,000 per month. This change will extend mandatory coverage to over 5.1 million additional employees, enhancing the social security framework. The decision aims to improve financial security for workers and is part of ongoing labor reforms.