SCOPE Hails Landmark Hike in EPFO Wage Ceiling to Rs 25,000

Standing Conference of Public Enterprises (SCOPE) welcomes the Union Cabinet's decision to raise the wage ceiling for mandatory coverage under the Employees' Provident Fund Organisation (EPFO) from Rs. 15,000 to Rs. 25,000 per month.The Cabinet approved the proposal from the Ministry of Labour & Employment. The revised ceiling is expected to bring more than 51 lakh additional employees under mandatory...