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Govt likely to double EPF monthly-wage cap to Rs 30,000 per month

Business Standard LogoBusiness Standard3d ago

Govt likely to double EPF monthly-wage cap to Rs 30,000 per month - Business Standard

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Plans are also afoot to bring the wage ceiling under Employees’ State Insurance Corporation (ESIC) on a par with that of the EPF.

Both these issues were discussed at length in the recently held meeting of the Central Board of Trustees (CBT), which is the apex decision-making body of the Employees Provident Fund Organisation (EPFO) on Saturday.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-01 @ 22:57:30 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 108 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24013852

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 305 posts per day

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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