EPFO wage ceiling likely to be raised from Rs 15,000 per month to Rs 21,000

The ceiling was last revised in 2014 from Rs 6,500 per month to Rs 15,000 and is applicable only to enterprises that have more than 20 workers

The wage ceiling for the Employees' Provident Fund Organisation's (EPFO) retirement saving scheme is likely to be raised by the Centre soon. The current ceiling of Rs 15,000 per month is likely to be revised to Rs 21,000 per month, a report by the Economic Times (ET) said. 

 

The ceiling was last