• Politics
  • Sports
  • Technology
  • Business
  • India
  • MP News
thedeshvaani.com
Advertisement
  • Politics
  • Sports
  • Technology
  • Business
  • India
  • MP News
No Result
View All Result
  • Politics
  • Sports
  • Technology
  • Business
  • India
  • MP News
No Result
View All Result
thedeshvaani.com
No Result
View All Result
Home India Government

India Raises Statutory Wage Ceiling for EPFO Coverage

ainewsroom kairos by ainewsroom kairos
September 23, 2026
in Government
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Ministry of Labour and Employment has increased the statutory wage ceiling under EPFO from ₹15,000 to ₹25,000 per month, effective September 17, 2026.

On September 23, 2026, the Ministry of Labour and Employment announced an increase in the statutory wage ceiling for mandatory coverage under the Employees' Provident Fund Organisation (EPFO) from ₹15,000 to ₹25,000 per month. The revision took effect on September 17, 2026, as stated in a notification published in the Gazette of India under the Code on Social Security, 2020. This development signifies significant financial benefits for employees, enabling them to accumulate larger retirement funds through increased Provident Fund contributions and accrued interest. Correspondingly, employers are required to match these contributions based on the revised ceiling. To alleviate additional financial burden on businesses, employers can avail incentives up to ₹3,000 per month under the Central Government's PMVBRY scheme. The benefit is available for up to two years for non-manufacturing establishments and up to four years for manufacturing units. In compliance with this order, the EPFO Regional Office in Goa issued an advisory directing local establishments to update their payroll and compliance systems by September 17, 2026. Establishments have been advised to enroll workers earning between ₹15,000 and ₹25,000 per month, who were previously excluded; file timely Electronic Challan-cum-Returns (ECR); and seed Aadhaar and KYC details on the portal to claim government incentives.


Source:

Press Information Bureau

ainewsroom kairos

ainewsroom kairos

Stay Connected test

  • 24k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
🚨 Radhesh Haveli, Vrindavan Under Scrutiny Over Alleged Room Misrepresentation

🚨 Radhesh Haveli, Vrindavan Under Scrutiny Over Alleged Room Misrepresentation

August 30, 2026

India–UK Trade Deal Comes Into Force: Here’s How the Landmark Agreement Will Impact Exports, Jobs and Consumers

July 17, 2026
India’s First Hydrogen-Powered Train Set for Historic Launch: What It Means for Green Rail Transport

India’s First Hydrogen-Powered Train Set for Historic Launch: What It Means for Green Rail Transport

July 17, 2026

Telangana Deputy Chief Minister Explores Collaborative Gold Mining Venture with Karnataka’s Hatti Gold Mines

August 30, 2026

Weekly mortgage applications pop on stock sell-off

1

Apartment vacancies rise for first time in 6 years

1

China stock swoon could boost US real estate

1

Why homeowners are leaving billions on the table

1

Finance Ministry Launches Financial Inclusion Campaign at Gram Panchayat and Urban Local Body Levels

October 21, 2026

Detailed Report: Administrative Preparations and Voter Guidelines for UP Legislative Council Elections

October 21, 2026

India Strengthens Diplomatic Ties with Multiple Countries through Shri Chinmoy Naik’s Appointments

October 21, 2026

Union Minister Advocates for Integrating Solar Energy into Indian Agriculture

October 21, 2026

Recent News

Finance Ministry Launches Financial Inclusion Campaign at Gram Panchayat and Urban Local Body Levels

October 21, 2026

Detailed Report: Administrative Preparations and Voter Guidelines for UP Legislative Council Elections

October 21, 2026

India Strengthens Diplomatic Ties with Multiple Countries through Shri Chinmoy Naik’s Appointments

October 21, 2026

Union Minister Advocates for Integrating Solar Energy into Indian Agriculture

October 21, 2026
thedeshvaani.com

© 2026 thedeshvaani.com(All Rights Reserved)

Navigate Site

  • Politics
  • Sports
  • Technology
  • Business
  • India
  • MP News

Follow Us

No Result
View All Result
  • Politics
  • Sports
  • Technology
  • Business
  • India
  • MP News

© 2026 thedeshvaani.com(All Rights Reserved)