EPFO is developing a framework to extend provident fund benefits to self-employed individuals, gig workers, and unorganised sector employees under a universal scheme.

EPFO is developing a framework to extend provident fund benefits to self-employed individuals, gig workers, and unorganised sector employees under a universal scheme.

Key features— such as the 12% contribution rate for employers and employees as well as the Rs.15,000 statutory wage ceiling—remain unchanged, but the formalisation of revised…