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67% higher EPS pension? How Rs 25,000 EPF wage ceiling could increase your monthly payout - The Economic Times
EPF wage ceiling: The Employees Provident Fund wage ceiling may increase to Rs 25,000. This change will bring more employees under the EPF and EPS schemes. Employees' in-hand salaries might decrease while their retirement corpus grows. The Employees Pension Scheme pension will likely increase significantly for eligible members. This revision aims to enhance retirement benefits for a larger workforce.
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newsbytesapp.com
Finance Ministry approves raising EPF wage ceiling to ₹25,000
The Finance Ministry has approved increasing the Employee Provident Fund wage ceiling to Rs 25,000 per month, expanding mandatory retirement fund coverage to more salaried workers.
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m.economictimes.com
<b>New EPF wage ceiling Rs 25,000? Who will benefit and what it means for EPF subscribers; here’s what the report says</b> - The Economic…
The Expenditure Department has granted approval to increase the EPF wage ceiling to Rs 25,000, aiming to expand mandatory provident fund and pension plans to more employees.
