Pleas on hiking Employees Provident Fund ceiling has to be 'seriously considered'
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Government has been receiving requests for increasing the EPF ceiling which have to be "seriously considered," Union Minister of State for Labour and Employment Kodikunnil Suresh said today.
"The EPF (Employees' Provident Fund) ceiling is Rs 6,500. While salary has increased, this ceiling has remained same and therefore many employers are not contributing towards EPF," Suresh told reporters after chairing a review meeting with Tamil Nadu government officials.
His Ministry has been receiving request to "enhance" the ceiling at least up to Rs 10,000 which has to be "seriously considered," he said.
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