EPFO reveals conditions to join EPF, EPS, EDLI
The Ministry of Labour and Employment has raised the Employees' Provident Fund wage ceiling to enhance participation. Employees earning between Rs 15,000 and Rs 25,000 will now be…
Attributed summary
The Ministry of Labour and Employment has raised the Employees' Provident Fund wage ceiling to enhance participation. Employees earning between Rs 15,000 and Rs 25,000 will now be required to join the schemes. Those earning less than Rs 15,000 can also opt into the schemes voluntarily. This increase in ceiling may lead to higher PF contributions and, consequently, greater retirement savings.
Read the original report — Economic Times
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