The Employees' Provident Fund Organisation (EPFO) is planning to increase the wage ceiling for its members. Reports indicate that this adjustment could lead to an enhancement in insurance coverage, potentially raising the benefit from Rs 7 lakh to Rs 10.5 lakh.
Economy
EPFO Wage Ceiling Hike: Insurance Coverage May Increase to Rs 10.5 Lakh
The proposed increase in the EPFO wage ceiling is expected to raise the insurance coverage for employees from Rs 7 lakh to Rs 10.5 lakh.
Source: ABP আনন্দ