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EPF wage ceiling raised to Rs 25,000, sparking pension talk in India

Original: पेंशन

India's EPFO has raised the wage ceiling for EPF contributions from Rs 15,000 to Rs 25,000, a change affecting employees covered under the Haryana Krishak Reform scheme and beyond. Reports are calculating how the higher salary limit changes pension payouts under EPS after 20 years of service, as well as the impact on in-hand salaries. The move is also drawing reaction from lawmakers, with a parliamentarian honoured over the decision.

Why now: The newly announced EPF wage ceiling hike directly affects millions of salaried workers' pension and take-home pay, driving widespread interest.

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