BusinessEPFO Raises Wage Ceiling to ₹25,000; Impact on Salary Explained
The EPFO has increased the wage ceiling from ₹15,000 to ₹25,000, affecting provident fund contributions for over 51 lakh additional private sector employees. While this change mandates higher pension contributions from employers, it does not directly reduce employees' salaries. However, increased PF contributions may reduce take-home pay. The new rule does not affect CTC calculations but may raise company expenses.
Aaj Tak·3h ago



