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Ноябрь
2024

Govt may raise EPFO wage ceiling and lower employee threshold for enhanced social security for workers

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The Indian government is considering raising the wage ceiling for the Employees' Provident Fund Organisation (EPFO) to ₹21,000 and lowering the employee count threshold for mandatory enrollment from 20 to 10-15. These measures aim to expand social security coverage for workers, aligning with the upcoming Social Security Code.