Govt may hike salary threshold to Rs21,000 for mandatory PF coverage2 min read . Updated: 06 Apr 2017, 02:07 AM IST
The Rs21,000 cap for mandatory PF coverage will cover over six million more employees without putting a strain on the government exchequer
New Delhi: The Union government is likely to walk a middle path and increase the wage threshold from Rs15,000 to Rs21,000 for mandatory provident fund coverage instead of the Rs25,000 proposed by the Employees’ Provident Fund Organization (EPFO), said at least two government officials, on the condition of anonymity.
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