4 hrs ago
Cabinet May Consider Raising EPF Wage Ceiling to ₹25,000
The government may discuss changing the salary limit for mandatory EPF and EPS coverage.
The limit could increase from ₹15,000 to ₹25,000.
This would mean more formal-sector workers might receive social-security coverage.
However, the Cabinet has not made a final decision.
The proposal could still change before approval.
The Cabinet may also discuss creating posts for the Data Protection Board.
It may also consider an agreement between India and Russia about critical minerals.
The article does not say when these proposals will be decided.
The mandatory EPF/EPS coverage wage ceiling may rise from ₹15,000 to ₹25,000.
The Union Cabinet may discuss the proposal, but no final decision has been made.
Sources said the change could expand social security coverage in the formal sector.
The final threshold and other details could differ from the proposal under consideration.
The Cabinet may also consider Data Protection Board posts and an India-Russia critical-minerals cooperation MoU.
- Who
- The Union Cabinet and workers covered by EPF/EPS are involved.
- What
- A proposal may raise the mandatory EPF/EPS wage ceiling from ₹15,000 to ₹25,000.
- Where
- India.
- When
- The timing is not specified; the Cabinet may discuss the proposal.
- Why
- The proposed increase could strengthen social-security coverage in the formal sector.
Key facts
- Current wage ceiling
- ₹15,000 for mandatory EPF/EPS coverage
- Proposed wage ceiling
- ₹25,000
- Decision status
- The proposal may be discussed; no final decision is stated
- Potential impact
- It could strengthen social-security coverage in the formal sector
- Additional Cabinet proposal
- Creation of posts for the Data Protection Board
- Other potential agenda item
- An India-Russia MoU on cooperation in critical minerals
Sources
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