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The Economic Times
The Economic Times

UNCOVERED: How epfo wage ceiling reset will change pf contribution math - Caught on Camera

EPFO EPF Social Security

The retirement savings landscape is set for a reset as the higher EPFO wage ceiling brings more workers under mandatory provident fund and pension contributions.

The Employees’ Provident Fund Organisation (EPFO) has raised the mandatory wage ceiling from Rs 15,000 a month to Rs 25,000, increasing the amount that employees and employers must contribute towards provident fund (PF) savings.

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