A significant development in India’s social security and employment compliance framework.
The Union Cabinet has approved the enhancement of the EPFO wage ceiling from ₹15,000 to ₹25,000 per month, expected to bring over 51 lakh additional employees under mandatory EPFO coverage.
The proposed revision will have a direct bearing on EPF applicability, statutory contributions, payroll compliance and employer obligations.
Employers and compliance teams should closely monitor the implementing notification and applicable statutory requirements before making necessary changes to their payroll and compliance processes.