What if govt raises cap on Employees’ Provident Fund Organisation (EPFO) wage ceiling1 min read 24 Nov 2022, 02:03 PM IST
EPFO offers a number of services to its members including a provident fund, pension benefits to the members on their retirement and family pension and insurance benefits to their families in case of the untimely death of the member
The government is likely to revise the wage ceiling for the Employees' Provident Fund Organisation's (EPFO) flagship retirement saving scheme. As of now, the wage limit of the Employees' Provident Fund (EPF) scheme is ₹15,000 per month. A committee will be set up to determine a higher wage ceiling, The Economic Times reported.
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