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EPF Wage Ceiling May Increase From 15000 To 25000 Rupees

Major changes are expected in EPFO rules as the wage ceiling may increase from 15000 to 25000 rupees, impacting pension calculations and PF contributions.

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Tech & Auto Desk, The Freelance
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EPF Wage Ceiling May Increase From 15000 To 25000 Rupees

New Delhi Bureau — Ground reports suggest major changes in EPFO rules with the wage ceiling likely to increase from 15000 to 25000 rupees. This will expand social security coverage and impact pension calculations significantly for millions of private sector employees.

Experts analyze that while take-home salary might reduce slightly due to higher deductions, the retirement corpus and monthly pension will see a substantial boost once the new notification comes into effect across the country.

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