EPFO wage ceiling of ₹25,000 too little, too late, says AITUC

The All India Trade Union Congress (AITUC) has criticized the Employees' Provident Fund Organisation's (EPFO) wage ceiling of ₹25,000, stating it is too little and too late. The AITUC argues that this limit excludes deserving sections of employees who earn more than ₹25,000. This criticism is significant because the EPFO wage ceiling affects the number of employees who can contribute to the provident fund, impacting their retirement savings and overall economic security.

Why it matters

The EPFO wage ceiling change is a domestic issue. It may affect some employees but is unlikely to move markets.

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