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EPS Pension May Rise 67%, Here's Who Will Gain From Rs 25,000 Wage Ceiling?

EPS Pension May Rise 67%, Here's Who Will Gain From Rs 25,000 Wage Ceiling?
Photo: Free Press Journal · view original

Mumbai: The Union Cabinet has approved an increase in the monthly wage ceiling for mandatory Employees Provident Fund coverage to Rs 25,000 from Rs 15,000, potentially lifting pension payouts under the Employees’ Pension Scheme by 67 percent for eligible workers. The decision, announced by Union...

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