EPFO Wage Limit Hike: Mandatory PF Coverage for Millions, Retirement Savings Boost

• The central government plans to increase the EPFO wage limit from ₹15,000 to ₹25,000 per month.
• This change will bring millions of employees, currently outside the mandatory PF net, under its coverage.
• Implementation is anticipated from April 2026, following discussions at the EPFO's Central Board of Trustees meeting.
• Employees earning between ₹15,000 and ₹25,000 will see mandatory PF deductions, reducing immediate in-hand salary.
• The move aims to strengthen retirement savings, provide long-term financial security, and expand social security benefits.

Why It Matters: Government to raise EPFO wage limit to ₹25,000, ensuring mandatory PF for millions and boosting retirement savings.